We are about to complete on the purchase of a property in Bangor but as a result of wreckage from the recent storms I have managed to agree reparation from the current proprietors in the sum of £2k by way of a reduction in the price. I had intended this to be addressed as part of a side agreement but HSBC are not allowing this. Why were they approached?
The solicitor that is on a HSBC conveyancing panel is obliged to advise HSBC of any amendments to the purchase price. If you were to refuse your conveyancer to disclose the reduction to HSBC then they would have to discontinue acting for you. In addition, HSBC and you would have to appoint a new property lawyer for your conveyancing in Bangor.
Do the Building Society Association intend to launch a search tool with a view to to identify law firms on the Coventry BS conveyancing panel for example in Bangor?
Lexsure has not been advised of any plans on the part of the BSA to promote such a search facility.
Is it the case that all Bangor CQS (Conveyancing Quality Scheme) solicitors are on the Leeds Building Society conveyancing panel?
It is true that some lenders now utilise the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
Can I be sure that the Bangor conveyancing solicitor on the Skipton panel is any good?
When it comes to conveyancing in Bangor obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the lawyer carrying out your conveyancing.
I was told four weeks ago that my mortgage has been agreed to by Bank of Ireland. Is it usual for Bank of Ireland to only issue the offer once my solicitor in Bangor is approved on their conveyancing panel? Bank of Ireland have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
We are purchasing a house and the lawyer has identified Chancel Repair for which the property could be liable given it’s proximity to the area of such a church. He has suggested insurance. Is this strictly necessary for conveyancing in Bangor
Unless a previous acquisition of the premises took place after 12 October 2013 you could expect lawyers conducting conveyancing in Bangor to remain encouraging a chancel search and or chancel repair liability insurance.
I am using a search engine for the phrase cheap conveyancing in Bangor it shows results of numerous conveyancersin the vicinity. With so much choice what is the best way to find the right property lawyer for my move?
The ideal way of choosing the right conveyancer is via personal recommendation, so enquire of friends and those you trust who have bought a property in Bangor or a respected estate agent or mortgage broker. Charges for conveyancing in Bangor vary, so it's a good idea to request a minimum of three estimates from different solicitors. Dont forget to clarify that the fees are fixed.