My wife and I are acquiring an apartment in Morley. My lawyer is not on the lender solicitor list. Can I still appoint my Morley conveyancing solicitor even though they are not on the bank panel of approved conveyancing solicitors?
You have a number of options available to you here
- Proceed with your chosen Morley property lawyer but your bank will undoubtedly appoint a solicitor from their conveyancing panel. This will result in additional cost together with potential frustration.
- Get a fresh solicitor to act in the purchase, obviously checking they are on the lender conveyancing panel.
- Convince your property lawyer to pull out all the stops to get listed on the mortgage company panel of solicitors
Can the conveyancing practitioners identified via your ’find a lawyer’ tool perform right to buy conveyancing in Morley?
We have identified a variety of conveyancing specialists carrying out right to buy conveyancing Please e-mail the conveyancers listed with a view to secure a costs calculation.
is it true that all Morley conveyancing solicitors on the Lloyds conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Lloyds conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Many lenders do permit licenced conveyancers on their panel in which case such organisation would be governed by the Council of Licensed Conveyancers.
Last month we had a mortgage agreed in principle with UBS. Morley conveyancing practitioners are chosen. What is the average time that one could expect to receive a mortgage offer from UBS?
Some lenders take longer than others. Have UBS done the valuation? Have you advised UBS as to your lawyers' details and checked that your lawyers are on the UBS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
HSBC have agreed my mortgage in principle, my offer on a flat in Morley has been accepted, now what?
Your estate agent will wish to know who your solicitors are (ensure that the property lawyers are on the bank’s approved list). Contact HSBC or your financial adviser and finish off any outstanding paperwork. HSBC will appoint a valuer who will get in contact with the estate agent or seller to book a time for the valuation to happen. Once carried out (assuming no problems) it takes approximately a fortnight to receive the mortgage offer. HSBC will send the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Morley.
I was recommended by numerous property agents in Morley to choose a property lawyer on your site. What’s the financial advantage for Estate Agents to offer your lawyers over and above alternative conveyancing organisations?
We refuse to make any financial incentive for sending work our way. We thought it would be too underhand to pay a commission as members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
What type of property do your Morley conveyancing quotes apply to?
Our conveyancing quotes are only appropriate to standard residential homes in England & Wales. If you have any different requirements for instance industrial or agricultural property or commercial conveyancing in Morley you should contact us to address your requirements .