I am getting a mortgage with Lloyds. My intention is to employ the services of a Licensed Conveyancer in Crewe. Does the Lloyds Solicitor panel allow for Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, associated to the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
We expect to receive a AIP from Kent Reliance this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Crewe solicitors on the Kent Reliance conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Crewe solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
My offer was accepted on an apartment in Crewe on 29/7/2022, valuation was booked five days after, all came back fine. Property lawyer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Nationwide and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nationwide conveyancing panel. Are Nationwide entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.
Santander have agreed my mortgage in principle, my bid on a property in Crewe has been agreed to, now what?
Your property agent will need to know who your solicitors are (ensure that the conveyancing practitioners are on the lender’s approved list). Contact Santander or the financial adviser and finish off any appropriate forms. Santander will sellect a valuer who will get in touch with the selling agent or seller to schedule an appointment. Once conducted (assuming no problems) it takes approximately ten days to get a mortgage offer. Santander will send the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Crewe.
Various internet forums that I have visited warn that are the number one cause of hinderance in Crewe conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays during the legal transfer of property. Local searches are unlikely to be the root cause of slowing down conveyancing in Crewe.
I was advised by a number of selling agents in Crewe to get a quote from a property lawyer on your site. What’s the financial incentive for Estate Agents to recommend your site over and above a competitor’s?
We don’t offer any referral fee for sending work to this site. We thought it would be too underhand to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I need to find a bank panel solicitor in Crewe. Could you help me?
It is not clear why you need a Crewe panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Crewe are on their panel . If you do find such a firm in Crewe not listed please direct them to our site to list. After all the cost is only one £1 a month