My husband and I are buying a 3 bedroom apartment in Liskeard with a mortgage. We like our Liskeard solicitor, however the mortgage company says she’s not on their "panel". It seems we have little choice but to use one of the mortgage company panel solicitors or keep our Liskeard lawyer and pay for one of their panel ones to represent them. This feels very unfair; is there anything we can do?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’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 Liskeard conveyancing solicitor to apply to be on the conveyancing panel.
Can your site be used to find a Conveyancing solicitor in Liskeard even if I’m not purchasing or selling a house, for example if I want to buy a shop in Liskeard with a loan from HSBC Bank?
The service is primarily utilised to get a quote from domestic conveyancing solicitors in Liskeard but we have set out towards the bottom of this page a selection of Liskeard commercial conveyancing firms. You will need to speak with the company directly to check if they can also act for HSBC Bank
Our bank has recommended a law firm on their panel based in Liskeard but I would rather use a conveyancing lawyer in Liskeard local to me. Can you help?
Not all Liskeard conveyancing practices are approved and listed on all lender’s conveyancing panel. Use our find an approved solicitor tool to identify a Liskeard conveyancing firm on the on the mortgage company panel.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Liskeard is where the house is located. Can you shed any light on this issue?
Flying freeholds in Liskeard are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Liskeard you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Liskeard may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I'm refinancing my existing home to a BTL loan with Bank of Scotland and I will use the rest of the raised equity towards further property. The location we are interested in is Liskeard. Will your solicitors be able to act for the two mortgage companies and link together the conveyances?
Make use of our search tool on this site to ensure that the conveyancers are approved by both mortgage companies. Assuming that they are your lawyer should be able to simultaneously deal with the two conveyancing matters but you should talk with you lawyer and make apparent your expectations and requirements.