We see that you have a search directory identifying firms on the Nationwide conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Bovey Tracey?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bovey Tracey.
My fiance and I intend to purchase a 2 bedroom apartment in Bovey Tracey with a homeloan from The Royal Bank of Scotland.We have a Bovey Tracey conveyancing lawyer but The Royal Bank of Scotland advised that his firm is not on their approved list of firms. We have to appoint a The Royal Bank of Scotland panel lawyer or keep our local solicitor and fork out for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that The Royal Bank of Scotland use our lawyer?
Unfortunately,no. The loan issued to you contains various provisions, a common one being that lawyers needs to be on the The Royal Bank of Scotland conveyancing panel. in the past, most lenders had large numbers of solicitors 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 lawyer to apply to be on the conveyancing panel for The Royal Bank of Scotland
I purchased my house on 2 June and the transaction details is yet to be registered. Should I be concerned? My conveyancing solicitor in Bovey Tracey advises it should be dealt with inside ten days. Are transfers in Bovey Tracey particularly slow to register?
There is nothing unique about conveyancing in Bovey Tracey registration formalities. Rather than based on location, timescales can differ depending on the party submitting the application, whether it is in order and if the Land registry communicate with any third persons or bodies. Currently approximately 80% of submission are completed within two weeks but some can be subject to longer delays. Registration takes place after the purchaser is living at the property thus 'speed' is not typically primary concern yet where it is urgent that the the registration takes place urgently then you or your solicitor should speak with the land registry and explain the circumstances.
I opted to have a survey completed on a house in Bovey Tracey ahead of appointing conveyancers. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies tend refuse to give a loan on a flying freehold premises.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. If you e-mail us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bovey Tracey. Conveyancing may be slightly more expensive based on your lender's requirements.
How easy is it to change a solicitor as I need to find a Bovey Tracey based conveyancer who is on the mortgage company conveyancing panel. Is it advisable to appoint a new law firm?
If you haven't yet instructed a solicitor to do anything for you and have just received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Bovey Tracey that you're considering.