I am acquiring a maisonette in Boscombe. My Solicitor has never been on on the bank solicitor list. Am I still permitted to continue with my Boscombe conveyancing solicitor even though they are excluded from the bank approved list?
You have a couple of alternatives open to you here
- Carry on with your chosen Boscombe conveyancer but your bank will need to retain a lawyer on their conveyancing panel. The net result is additional charges together with potential frustration.
- Choose a new conveyancing practitioner to conduct the conveyancing, making sure they are on the mortgage company conveyancing panel.
- Appeal to your lawyer to seek to join the mortgage company panel
Do all mortgage companies provide you with an approved list of Boscombe conveyancing solicitors? How do you know who is on the Santander conveyancing panel?
Boscombe conveyancing firms themselves provide us confirmation that they are on the Santander conveyancing panel as opposed to being supplied with a list from Santander directly.
I am buying a right to buy a flat in Boscombe. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Boscombe you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Boscombe.
I have justdiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in Boscombe for a purchase of a leasehold flat 9 months ago. How can I be sure that my home is in my name in the name of the previous owner?
The quickest method to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Boscombe conveyancing specialists.
How does conveyancing in Boscombe differ for newly converted properties?
Most buyers of new build or newly converted property in Boscombe approach us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is constructed. This is because builders in Boscombe tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Boscombe or who has acted in the same development.