Me and my husband are buying a leasehold flat in Liphook. My Solicitor has never been on on the bank conveyancing list. Can I still appoint my Liphook conveyancing solicitor notwithstanding that they are excluded from the lender panel of approved conveyancing solicitors?
Your options include
- Proceed with your chosen Liphook conveyancing practitioner but your bank will no doubt use a conveyancer on their conveyancing panel. The net result is additional charges and probable delay.
- Choose a new solicitor to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Convince your conveyancing practitioner to apply to join the lender panel
Are the Liphook conveyancing solicitors identified as being on the Lloyds conveyancing panel, together with their details provided by Lloyds?
Liphook conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.
Is there a search tool that I can utilise to investigate if the solicitor conducting my conveyancing in Liphook is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Godiva Mortgages Ltd thus spending £175.00 in another set of conveyancing bill.
You should take advantage of the find a conveyancing panel solicitor tool on this site. Pick the lender and type ‘Liphook’ or your location and you will see numerous solicitors located in Liphook or nearest you.
How does conveyancing in Liphook differ for newly converted properties?
Most buyers of new build premises in Liphook contact us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because new home sellers in Liphook tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Liphook or who has acted in the same development.
Should I instruct a Liphook conveyancing practitioner based in the area that I am hoping to buy? We have a good friend who can conduct the legal formalities however they are based 400kilometers drive away.
The benefit of a high street Liphook conveyancing practice is that you can visit the firm to sign paperwork, deliver your ID and pester them where appropriate. Having local Liphook know how is a plus. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and in the main were impressed that should trump using an unfamiliar Liphook conveyancing solicitor just because they are based in the area.