I am buying property in Duffield. My property lawyer has never been on on the bank approved list. Am I still permitted to use my Duffield conveyancing solicitor even though they are excluded from the mortgage company approved list?
You have numerous alternatives open to you here
- Carry on with your existing Duffield solicitor but your mortgage company will need to use a lawyer from their approved list. The net result is additional fees and potential delay.
- Get a new conveyancing practitioner to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Appeal to your solicitor to seek to join the bank panel
Can the conveyancing practitioners that you recommend conduct right to buy conveyancing in Duffield?
We do have numerous conveyancing solicitors who can conduct right to buy transactions You should e-mail the lawyers listed in order to get a costs illustration.
My lender has suggested solicitors on their panel based in Duffield but I would rather instruct a conveyancing lawyer in Duffield or nearer to where I live. Can you assist?
Not all Duffield conveyancing solicitors are on all banks conveyancing panel. Use our find an approved solicitor tool to identify a Duffield conveyancing firm on the on the lender panel.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Duffield?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Duffield. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Our sealed bid on detached house in Duffield has been agreed to, the seller does however have a tied purchase. The sellers have offered on a property, however it’s not been accepted yet, and has viewings of other apartments in the pipeline. I have instructed a local conveyancing lawyer in Duffield. What should be my next step? At what point do I apply for the mortgage with Bank of Ireland?
It is usual to have anxieties where there is a chain given your reluctance to be too out of pocket prematurely (mortgage application is in the region of one thousand pounds, then survey, Duffield conveyancing search fees, etc). First, you must ensure that your conveyancing practitioner is on the Bank of Ireland conveyancing panel. Regarding the next steps this very much depends on the specifics of your transaction, desire for this property and on the state of the market. During a rising market many buyers would apply for the mortgage with Bank of Ireland and pay for the survey and only if it comes back ok would they request their solicitor to press on with searches.