My fiance and I are looking to buy a property in Mablethorpe and are in fact using a Mablethorpe conveyancing practice. Within the last couple of days our lawyer has sent a preliminary report and documents to look through in anticipation of exchanging contracts shortly. Chelsea Building Society have this morning contacted us to advise us that they have now hit a problem as our Mablethorpe conveyancer is not on their conveyancing panel. What do we do from here?
When purchasing a property with the benefit of a mortgage it is normal for the purchasers' solicitors to also represent the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the bank's conveyancing panel as you are at liberty to use your preferred Mablethorpe lawyers, in which case it will likely add costs, and it will likely delay the transaction as you have another set of people involved.
My husband and I are refinancing our apartment in Mablethorpe with Lloyds. We have a son approaching twenty who lives at home. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the apartment is repossessed. I have a couple of concerns (1) Is this document specific to the Lloyds conveyancing panel as he never had to sign this form when we remortgaged 3 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Lloyds conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Lloyds. This is solely used to protect Lloyds if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Lloyds had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
We are looking to buy a flat and require a conveyancing solicitor in Mablethorpe who is on the RBS approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for RBS . We don't recommend any particular firms conducting conveyancing in Mablethorpe.
I am selling my house. My former solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Mablethorpe if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Mablethorpe. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I am 18 days into a leasehold purchase having been referred to conveyancers by the high street agent to carry out the conveyancing in Mablethorpe. I am not happy. Could you help me find new solicitors?
They would have to be really poor in order to consider diss instructing them. Has the loan offer been generated? In the event that it has you will need to advise them of the new contact details and get the mortgage documents are re-sent. Your solicitor ideally needs to be on the banks approved list to avoid added costs and complications. So that should be your first question of the new lawyers. Our find a solicitor tool will help you find a lender approved conveyancer for your conveyancing in Mablethorpe