I have just been advised by my lender that my Coleford solicitor is not on the mortgage company Solicitor panel. How can I be sure if this is correct?
The sensible course of action for you to take is to contact your Coleford conveyancer. You lawyer should advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
My wife and I are buying a property in Coleford. It might be a silly question but how we can trust a lawyer? On the day of competition we have to deposit money into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I had a mortgage agreed in principle with Bank of Ireland. Coleford conveyancing practitioners are appointed. How long does it take for Bank of Ireland to send the offer to the property lawyer?
Some lenders take longer than others. Have Bank of Ireland done the survey? Have you informed Bank of Ireland as to your lawyers' details and checked that your lawyers are on the Bank of Ireland conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I'm spending time viewing houses in Coleford and I am about to put in an offer. Should I already have a solicitor in place at this point? I will be getting a mortgage with HSBC.
It would be advisable to instigate your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. As you are taking out a mortgage with HSBC, ask your prospective lawyers if they are on the HSBC conveyancing panel otherwise they can't do the mortgage legal work.
I decided to have a survey carried out on a property in Coleford in advance of retaining solicitors. I have been told that there is a flying freehold overhang to the house. My surveyor advised that some banks may not give a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements for example to Halifax. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Coleford. Conveyancing may be slightly more expensive based on your lender's requirements.
How do I use the search facility to locate a conveyancing practitioner in Coleford on the panel for my lender?
1st choose a bank such as Accord Mortgages Ltd, Leeds Building Society or Britannia then specify your preferred area e.g. Coleford. Conveyancing organisations in Coleford and across England and Wales will then be identified.
It has taken forever and a day but a loan agreement from a mortgage company for the refinancing of my 2 bedroom maisonette is to be issued any day now. Could you suggest a cheap remortgage conveyancing lawyer in Coleford ?
You have come to the wrong place to search for the cheapest conveyancing solicitors in Coleford. We can offer you excellent value conveyancing but our intention is not to work with the cheapest lawyers. Avoid the trap of appointing brokers offering low cost conveyancing in Coleford.In your best case scenario, in going for cheap conveyancing, you will get what you pay for and at worst you will end up paying a lot in extras and still not get the service you were looking for.