My husband and I are purchasing a 1 bedroom apartment in Oxfordshire with a mortgage. We like our Oxfordshire solicitor, but the mortgage company says she’s not on their "panel". It appears that we have little choice but to select one of the lender panel solicitors or continue with our Oxfordshire conveyancing practitioner as well as pay for one of their panel lawyers to represent them. This feels very unfair; can we not demand that the bank use our Oxfordshire solicitor ?
No, not really. The mortgage offered to you 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. A further alternative is for your Oxfordshire conveyancing lawyer to apply to be on the conveyancing panel.
I have given 8 weeks notice to my current landlord and must be out of my let out apartment in Oxfordshire by 16/3/2021. Conveyancing on my purchase is underway. Is it possible to complete in three weeks as I wish to avoid having to move into short term accommodation?
The normal practice is not to provide notice for your tenancy until you have exchanged. Assuming that you have not previously done so, notify to your solicitor and urge them to they apply pressure on the owners solicitors, try to get a realistic time scale from them that everyone will aim to achieve
I have a decision in principle. The bank mentioned the loan came with free conveyancing. Is the implication that I have to instruct their panel conveyancer as I would prefer to appoint a specialised conveyancing solicitor in Oxfordshire?
Do check but the chances are that appoint one of their panel solicitors if you want the "fee-free" offer. Speak to the lender and explore if they allow a cash alternative. Some lenders have previously offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Oxfordshire.
I'm refinancing my current house to a buy to let loan with The Mortgage Works and intend to use the remaining equity towards further property. The location we are talking about is Oxfordshire. Will your conveyancers be able to act for both sets of mortgage companies and tie in the conveyances?
Make use of our search tool on this site to be sure that the solicitors are on the relevant lender panels. Having checked that they are the solicitor should be able to tie up the two deals but you should have a chat with you solicitor and make clear your expectations and requirements.
I happen to be an executor of my recently deceased mum’s Will, with a bungalow in Oxfordshire which is to be marketed. The bungalow is unregistered at the Land Registry and I'm advised that many EAs will insist that it is done before they'll move forward. What's the procedure for this?
In the circumstances you refer to it seems prudent to seek to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.