My wife and I are buying a 1 bedroom apartment in Askam In Furness with a mortgage. We like our Askam In Furness lawyer, but the mortgage company advise she’s not on their "panel". We have to appoint one of the mortgage company panel firms or continue with our Askam In Furness conveyancer as well as pay for one of their panel firms to represent them. We regard this is unjust; are we not able to demand that the bank use our Askam In Furness lawyer ?
No, not really. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Askam In Furness conveyancing lawyer to apply to be on the conveyancing panel.
We were just about to exchange contracts for a freehold house in Askam In Furness. We encountered a problem. The mortgage offer with Alliance & Leicester runs out on 22/11/2022 but the vendors are suggesting a completion date of 24/11/2022. Is it possible to extend the loan offer?
The person best placed to address this issue is your solicitors who will assess whether he or she is should be discussing with the mortgage company, owner’s representatives, estate agents or conceivably all parties based on what has gone on in your conveyancing as of today.
My Solicitor in Askam In Furness is not listed on the Nottingham Building Society Approved Panel. Can I still use my family solicitor notwithstanding that they are not on the Nottingham Building Society panel of approved conveyancing solicitors?
Your options are as follows:
- Carry on with your preferred Askam In Furness solicitors but Nottingham Building Society will need to retain a solicitor on their panel. This will result in additional overall conveyancing fees as well as result in frustration.
- Find a new practitioner to act in the purchase, remembering to check they are Nottingham Building Society approved.
- Persuade your Nottingham Building Society based solicitor to seek to join the Nottingham Building Society panel
Given that I will soon part with 450k on 3 bedroom house in Askam In Furness I wish to talk to a lawyer concerning thetransaction in advance of instructing the firm. Is this something that you can arrange?
Absolutely - we would be happy to talk to you we do not take any clients on without you speaking to the conveyancer due to be carrying out your property ownership legalities in Askam In Furness.There is no ‘factory style conveyancing’ - each client is an important individual, not a file reference. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Askam In Furness should be the figure that you end up paying.
I am thinking of appointing a conveyancing solicitor in Askam In Furness for my house move. Can I see a firm’s complaints history with the legal regulator?
You may read published Solicitor Regulator Association (SRA) determinations arising from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training reasons.