Me and my fiance are buying property in Brompton. My property lawyer is not on the mortgage company solicitor panel. Am I still permitted to appoint my Brompton conveyancing solicitor even though they are excluded from the mortgage company panel of approved conveyancing solicitors?
Various options include
- Complete the deal with your existing Brompton conveyancer but your lender will undoubtedly appoint a conveyancer on their approved list. The net result is additional fees together with probable frustration.
- Appoint a fresh property lawyer to conduct the conveyancing, making sure they are on the lender conveyancing panel.
- Appeal to your conveyancer to seek to join the lender panel
I sincerely hope you can assist me. My Brompton conveyancer is informing me me that he has toorder Brompton conveyancing searches becausethe firm are on the Lloydsapproved lawyer panel. Do I not have a choice here?
You have limited options available to you. Given that you are taking out a loan with a mortgage company your solicitor has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your solicitor would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Brompton conveyancing searches.
Completed the sale of my flat in Brompton last May but my buyer keeps texting me to say their conveyancer is waiting to hear from mysolicitor. What are the post completion sale formalities following completion?
Following your sale your solicitor is committed to forward the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Depending on the transaction, your solicitor should also evidence that the legal charge in favour of the lender has been repaid to the buyers solicitors. There are no post completion steps unique to conveyancing in Brompton.
I am looking to buy a house and need a conveyancing solicitor in Brompton who is on the Skipton Building Society approved. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Skipton Building Society in certain locations such as Brompton. We dont recommend any particular firm.
Due to the guidance of my in-laws I had a survey completed on a property in Brompton ahead of retaining solicitors. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies will refuse to give a loan on a flying freehold house.
It varies from the lender to lender. HSBC has different requirements from Nationwide. If you contact us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Brompton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Brompton to see if the conveyancing costs will increase in light of this.