Me and my partner are acquiring a leasehold flat in Brantham. My property lawyer is not listed on the mortgage company approved panel. Can I still appoint my Brantham conveyancing solicitor even though they are excluded from the bank list of approved lawyers?
You have numerous options available to you here
- Complete the purchase with your existing Brantham conveyancer but your bank will need to appoint a property lawyer from their conveyancing panel. This will result in additional charges and likely delay.
- Choose a fresh lawyer to act in the purchase, ensuring that they are on the mortgage company conveyancing panel.
- Convince your solicitor to do everything within their powers to get listed on the mortgage company conveyancing panel
Can you clarify what the consequences are if my lawyer’s firm is expelled from the Aldermore Conveyancing panel ahead of completing my conveyancing in Brantham?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
How does conveyancing in Brantham differ for newly converted properties?
Most buyers of new build premises in Brantham contact us having been asked by the developer to exchange contracts and commit to the purchase even before the house is finished. This is because new home sellers in Brantham 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 conveyancers 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 Brantham or who has acted in the same development.
I am selling my home. My former solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Brantham if that affects matters.
You should use our search tool to help you choose a solicitor for your conveyancing in Brantham. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
We're new to the buying process - agreed a price, yet the estate agent advised that the seller will only proceed if we appoint their preferred solicitors as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a local solicitor with experience of conveyancing in Brantham
We suspect that the owner is not behind this demand. If they desire ‘a quick sale', taking such a hostile approach to a genuine purchaser is not the way to achieve this. Contact the sellers directly and make the point that (a)you are genuine purchasers (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)but you intend to use your own,trusted Brantham conveyancing firm - rather thanthe ones that will provide the estate agent a kickback or achieve conveyancing targets pre-set by HQ.