We see that you have a post code search directory listing law firms on the Virgin Money conveyancing panel. Do companies pay you a commission if I appoint them for our conveyancing in Paulton?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Paulton.
Are all Paulton Conveyancing Quality Solicitors on the Barclays conveyancing panel?
Some major banks and building societies now make use of CQS as the starting point for Panel membership such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their panels.
Intending to buy a flat in Paulton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Principality conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Paulton conveyancer is on the Principality conveyancing panel.
After shopping around on the internet I have found a Paulton conveyancer having made sure that they are on the Bank of Ireland conveyancing panel. Does my lawyer arrange the survey of the property?
Bank of Ireland will need an independent valuation of the property. Your lawyer will not arrange this. Usually Bank of Ireland will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Paulton surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Various online forums that I have come across warn that are the main reason for delay in Paulton house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays during the legal transfer of property. Local searches are unlikely to feature in any slowing down conveyancing in Paulton.
I decided to have a survey completed on a house in Paulton prior to retaining conveyancers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies tend not give a mortgage on a flying freehold property.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Paulton. Conveyancing will be smoother if you use a solicitor in Paulton especially if they regularly deal with such properties in Paulton.
I'm refinancing my existing home to a BTL loan with Leeds Building Society and I will use the rest of the raised equity towards another house. The neighborhood we are interested in is Paulton. Will your solicitors be able to act for the two banks and link together the conveyances?
Do use our comparison tool on this page to check that the conveyancers are approved by both banks. On the basis that they are the conveyancer should be able to connect the two deals but you should talk with you lawyer and specify your desired outcome and needs.