My husband and I are purchasing a 1 bedroom flat in Osterley Park with a mortgage. We have a Osterley Park lawyer, however the lender advise she’s not on their "panel". We have to appoint one of the bank panel solicitors or continue with our Osterley Park lawyer and pay for one of their panel ones to represent them. We regard this is unjust; are we not able to insist that the mortgage company use our Osterley Park solicitor ?
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 Osterley Park conveyancing lawyer to apply to be on the conveyancing panel.
We note that you have a search directory listing law firms on the Aldermore conveyancing panel. Do firms pay you a commission if I instruct them for our conveyancing in Osterley Park?
We are a listing service only for law firms wishing to communicate if they are on the Aldermore conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Osterley Park.
Me and my partner are buying a apartment in Osterley Park. I might seem paranoid but how we can trust a conveyancer? On completion day we have to send funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Last month we had a mortgage agreed in principle with Lloyds. Osterley Park conveyancing solicitors were selected. How long does it take for Lloyds to send the offer to the solicitor?
Some lenders take longer than others. Have Lloyds conducted the survey? Have you informed Lloyds as to your lawyers' details and checked that your lawyers are on the Lloyds conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
My partner and I are in the throws of looking at houses in Osterley Park and I am now considering a potential offer. Is it sensible to have a property lawyer on ‘stand by’? I intend to finance via a mortgage with Yorkshire BS.
It would be prudent to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. Given that you are seeking a mortgage with Yorkshire BS, make sure you remember to check that your lawyer is on the Yorkshire BS conveyancing panel.
I am looking to sell my house. My former solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Osterley Park if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Osterley Park. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
My husband and I are FTB’s - had an offer accepted, yet the property agent has warned us that the seller will only issue a contract if we appoint the agent's recommended lawyers as they are insisting on a ‘quick sale’. We would rather use a local conveyancer accustomed to conveyancing in Osterley Park
We suspect that the seller is unaware of this demand. If they desire ‘a quick sale', alienating a motivated purchaser is is going to put the whole deal at risk. Try to communicate with the sellers directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you intend to appoint your own,trusted Osterley Park conveyancing lawyers - rather thanthe ones that will earn the estate agent a kickback or hit his conveyancing targets set by corporate headquarters.