Me and my partner are purchasing a 2 bedroom apartment in Haydock with a mortgage. We like our Haydock lawyer, but the bank says she’s not on their "panel". We have to appoint one of the lender panel solicitors or continue with our Haydock solicitor and pay for one of their panel lawyers to represent them. We consider that this is unjust; can we not insist that the bank use our Haydock conveyancer ?
Unfortunately,no. The mortgage offered to you 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. Another option that might be available is for your Haydock conveyancing solicitor to apply to be on the conveyancing panel.
I had intended to instruct a conveyancing solicitor in Haydock for our home move. Our financial adviser informed us that our bank The Royal Bank of Scotland won't deal with them. Surely this is unduly restrictive?
A bank will insist on a panel conveyancer act for it. Borrowers are expected to bear the charges for this. Try using our search facility to find a solicitor to conduct conveyancing in Haydock on the The Royal Bank of Scotland approved list of solicitors.
We are aiming to move house in January. Should my conveyancing solicitor liaise with the removal company on the completion day. On a separate note, can you recommend a removal company in Haydock. Conveyancing lawyer was organised prior to coming across your website.
On the day of completion you will need to pick up the keys from the selling agent however this should only happen once the previous owners conveyancers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be given over. You will need to inform the removal company that they can start moving you in. We are not in a position to suggest a particular removal company but can assist you in locating a residential property solicitor in Haydock or a solicitor with expertise in conveyancing in Haydock.
I am buying a property in Haydock. A rare aspect is that the roof has a solar panel. Principality have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Principality your lawyer must check the formal instructions outlined in Section two of UK Finance Lenders’ Handbook for Principality. The CML Handbook stipulates minimum specifications for solar panel roof-space leases, and conveyancers are required to report to Principality where a lease fails to meet these conditions. The provisions relate to the installation of panels on properties countrywide and is not isolated to Haydock.
I am expecting a OIP from Nationwide 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 Nationwide recommend any Haydock solicitors on the Nationwide conveyancing panel, or is it better to go independently?
You will need to appoint Haydock solicitors independently although you'll need to choose one on the Nationwide conveyancing panel. The solicitor represents both you and Nationwide through the process.
Are there restrictive covenants that are commonly identified during conveyancing in Haydock?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Haydock. 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…’
I am 3 weeks into a leasehold purchase having been directed to solicitors by the high street agent to handle our conveyancing in Haydock. I am am very disappointed with the level of service. Can you you assist me in finding new solicitors?
They would need to be really bad in order to consider replacing them. Has the mortgage offer been generated? If so you will need to advise them of the new contact details and have the mortgage documents are re-issued. Your new conveyancer should be on the banks approved list to avoid supplemental charges and frustration. So that should be your first question of the new solicitors. Our find a solicitor tool can assist you in finding a bank approved lawyer for your home move in Haydock