My IFA has asked me for my Bourton on the Water law firm’s panel member for the Nationwide conveyancing panel. Can you suggest how I obtain this. I have tried my local Bourton on the Water office but they have not got back to me yet.
The sensible thing to do is ask for this information from your Bourton on the Water conveyancing practitioner . Most Bourton on the Water conveyancing firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
My husband and I are buying a purpose built flat in Bourton on the Water with a residential mortgage from Bank of Scotland.We like our Bourton on the Water conveyancing practitioner but Bank of Scotland informed us she’s not listed on their approved list of member firms. we are left little option but to use a Bank of Scotland panel solicitor or keep our high street solicitor and pay for a Bank of Scotland panel lawyer to represent them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The mortgage offered to you contains various provisions, a common one being that lawyers needs to be on the Bank of Scotland approved list. in the past, 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 solicitors to apply to be on the conveyancing panel for Bank of Scotland
I just bought a house at auction in Bourton on the Water. Conveyancing is necessary. What happens now?
Having to all intents and purposes signed on the dotted line you will need to choose a conveyancing solicitor as a matter of priority as you are facing a fast approaching a fixed date to complete the purchase. All auction property will have a corresponding auction set of papers. This should include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold premises the conveyancing pack may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You must pass this on to your appointed conveyancing solicitor ASAP. Do make sure that your finances are in place to complete on the on the contractual date .
I am buying a 3 bedroom semi in Bourton on the Water. Our aim is to an extension at the rear at the house.Will legal investigations on the property include investigations to see if these works are permitted?
Your conveyancer should review the deeds as conveyancing in Bourton on the Water can sometimes identify restrictions in the title deeds which restrict certain alterations or require the consent of another owner. Some additions require local authority planning consent and approval in compliance with building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be sensible to check these issues with a surveyor ahead of any purchase.
We previously selected conveyancers locally in Bourton on the Water on the HSBC solicitor panel. They are now charging me a further amount for dealing with the HSBC mortgage. Is this a supplemental conveyancing fee set by HSBC?
As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your solicitor can charge a fee for this. This fee is not dictated by HSBC but by your Bourton on the Water property lawyer. Some firms on the HSBC panel will levy ’dealing with mortgage’ fee and others do not.
We're novice buyers - had an offer accepted, yet the agent has warned us that the seller will only go ahead if we appoint the agent's chosen solicitors as they want an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer accustomed to conveyancing in Bourton on the Water
We suspect that the owner is not behind this demand. If they desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is going to damage their objectives. Try to communicate with the owners directly and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with finances in place © you do not need to sell (d) you intend to proceed fast (e)however you will continue to use your preferred Bourton on the Water conveyancing solicitors - as opposed tothe ones that will earn their negotiator at the agency a introducer fee or achieve conveyancing thresholds demanded by senior management.
The estate agent has recommended their conveyancing practitioner for our conveyancing in Bourton on the Water - won’t it be better to just instruct them?
This is not necessarily the case and you are at liberty to opt for whichever property lawyer you prefer for your Bourton on the Water home move. The lawyer put forward by an estate agent may not always be the best solicitor, they may recommend their own conveyancing firm who are based far away. In this instance you may not have contact with your conveyancer and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.