Me and my fiance are purchasing a 2 bedroom flat in Corfe Mullen with a mortgage. We have a Corfe Mullen solicitor, but the bank says she’s not on their "panel". It appears that we have no option but to instruct one of the lender panel conveyancing practices or retain our Corfe Mullen lawyer as well as pay for one of their panel lawyers to act for them. This feels very unfair; can we not insist that the mortgage company use our Corfe Mullen conveyancing practitioner ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms 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 Corfe Mullen conveyancing solicitor to apply to be on the conveyancing panel.
I am need of leasehold conveyancing for an apartment in a fairly new development (6 years old) in Corfe Mullen. 95% of the properties are already occupied. Do I need carry out the conveyancing searches for my conveyancing in Corfe Mullen?
If you are purchasing a property with the assistance of a loan, your mortgage company will need some (many) of the searches so you'll have no choice. If not, then Corfe Mullen conveyancing searches are optional. Your solicitor, will ’encourage’, perhaps strongly, that you should not go ahead without searches, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you insist that your lawyer to proceed without searches then your lawyer will have to follow your instructions or you may need to instruct a new lawyer for your conveyancing in Corfe Mullen.
I require fast conveyancing in Corfe Mullen as I am under a deadline to complete inside 3 weeks. A mortgage is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are are a mortgage free buyer you are at liberty not to have searches conducted although no conveyancer would recommend that you don't. Drawing on years of experience of conveyancing in Corfe Mullen the following are examples of issues that can show up and adversely affect the marketability of the property: Enforcement Notices, Overdue Fees, Outstanding Grants, Road Schemes,...
Due to the guidance of my in-laws I had a survey completed on a house in Corfe Mullen prior to appointing conveyancers. I have been told that there is a flying freehold overhang to the property. My surveyor has said that some banks tend not give a mortgage on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Halifax. Should you wish to call us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Corfe Mullen. Conveyancing may be slightly more expensive based on your lender's requirements.
How simple is it to transfer to a new firm as I have to choose a firm on the TSB conveyancing panel. I had appointed a local conveyancing solicitor in Corfe Mullen five minutes from me but she is not accepted by TSB
It would be our pleasure to assist you select a conveyancing solicitor in Corfe Mullen on the TSB panel. Please note that the law firms that we on the directory do not pay us commission if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in Corfe Mullen. In utilising search facility on this website, you can scrutinise charges for conveyancing solicitors in Corfe Mullen and throughout England and Wales.