We are selling our apartment in Clevedon. Does the lawyer need to be required to be on the RBS conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the RBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently at the moment.
I require fast conveyancing in Clevedon as I am under pressure to exchange contracts inside 4 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save fees and time?
As you are not taking a home loan you have the choice not to do searches although no law firm would suggest that you don't. With lots of history conveyancing in Clevedon the following are examples of issues that can arise and adversely affect future saleability: Refused Planning Applications, Overdue Charges, Outstanding Grants, Railway Schemes,...
I decided to have a survey completed on a property in Clevedon prior to instructing solicitors. I have been told that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies may not give a loan on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Clevedon. Conveyancing will be smoother if you use a solicitor in Clevedon especially if they are accustomed to such properties in Clevedon.
I need to appoint a conveyancing solicitor for freehold conveyancing in Clevedon. I've chance upon a site which looks to be the ideal answer If there is a chance to get all the legals done via phone that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My husband and I are buying a three room housein Clevedon with a mortgage from a bank. We wish to instruct our lawyer in Clevedon however our bank advise she’s not on their "panel". It seems we have little choice but to instruct from the our bank panel solicitors or stay with our Clevedon conveyancer and pay for one of their panel ones to represent them. This seems very unfair; Can we not simply insist that our mortgage company use our Clevedon lawyer?
No, not really. The bank mortgage issued is subject to its terms and conditions, one of which will be that lawyers will on the lender's conveyancing panel. Until recently, most lenders had open panels, including almost all conveyancing solicitors in Clevedon : 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 your mortgage company.