Me and my husband are purchasing a maisonette in Bovey Tracey. My lawyer is not listed on the lender approved panel. Am I still permitted to appoint my Bovey Tracey conveyancing solicitor even though they are excluded from the lender list of approved lawyers?
You have a couple of choices open to you here
- Complete the deal with your preferred Bovey Tracey lawyer but your mortgage company will undoubtedly appoint a conveyancer from their approved panel. This will result in additional cost together with likely frustration.
- Appoint a fresh lawyer to act in the purchase, obviously checking they are on the bank conveyancing panel.
- Convince your property lawyer to do everything within their powers to get listed on the mortgage company panel of solicitors
I have given 8 weeks notice to my current landlord and have to leave my let out flat in Bovey Tracey by the end of next month. Conveyancing on my purchase is progressing. Can I complete in six weeks as don't want to have to move into temporary accommodation?
Generally one should not serve notice for your tenancy until you have exchanged. Assuming that you have not previously done so, notify to your lawyer and ask them to they cajole the other lawyers, try to get a realistic time scale from them that everyone will aim towards
My husband and I are hoping to buy a newly converted flat in Bovey Tracey with a residential mortgage from Chelsea Building Society.We use our Bovey Tracey conveyancing lawyer but Chelsea Building Society advised that she’s not on their approved list of firms. We have to appoint a Chelsea Building Society panel solicitor or keep our high street solicitor and fork out for a Chelsea Building Society panel lawyer to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The home loan issued to you contains terms and conditions, a common one being that conveyancers must be on the Chelsea Building Society approved list. Until recently, most lenders had large numbers of law firms on their panels: a borrower could find 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 lawyer to apply to be on the conveyancing panel for Chelsea Building Society
How does conveyancing in Bovey Tracey differ for newly converted properties?
Most buyers of new build or newly converted property in Bovey Tracey come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because developers in Bovey Tracey usually purchase the land, 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 conveyancing solicitors 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 Bovey Tracey or who has acted in the same development.
How simple is it to transfer to a new firm as I need to find a firm on the Clydesdale conveyancing list. I hired a family conveyancing solicitor in Bovey Tracey round the corner but the firm is not accepted by Clydesdale
We will our best to assist in finding you a conveyancing solicitor in Bovey Tracey on the Clydesdale panel. Please note that the conveyancers that we on the directory do not pay us fee if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Bovey Tracey. In making use of search facility on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Bovey Tracey.