I plan on buying property in Rugby. My Solicitor is not on the mortgage company conveyancing panel. Can I still appoint my Rugby conveyancing solicitor even though they are excluded from the lender panel?
One will need to appoint a conveyancer to deal with the formalities when you take out a loan to buy your property. The conveyancer will conduct all the necessary due diligence on the property, make sure that you will be properly registered as the owner and ensure that all the necessary mortgage paperwork is dealt with. You may select a Rugby conveyancing practitioner of your choosing. However, if the conveyancing practitioner appointed is not on the lender approved list supplemental charges will arise as separate legal representation will be required by them. Conveyancing panel applications may be submitted, so if your conveyancer has not historically sought membership they can do so.
I am in a contract race with another buyer for a property in Rugby. What can I do to speed up matters?
First, If the seller is applying time constraints for your conveyancing it is highly recommended that your lawyer is familiar with the location as they will have local connections and knowledge. It is even conceivable that they may have conducted previoushomes in the same street. Therefore consider using a Rugby conveyancing firm. Second, ensure that the lawyer is on the on the approved list for your mortgage company. It is claimed that 18% of Rugby conveyancing transactions are delayed or jeopardised after discovering a buyer’s lawyer was not on their mortgage lender’s member panel. This can often result in the transaction being frustrated by an average of 21 days. It is said that this issue affects approximately 100,000 home sales every year. Many Rugby conveyancing practices can not act for certain banks so do check as early as possible.
My brother-in-law has suggested I instruct a conveyancing solicitor in Rugby. I need to find out whether they are accepted on the Britannia approved list of lawyers. Can you help?
You should contact your solicitor and enquire whether they are on the lender panel. Otherwise you can call Britannia who may be able to help.
I am helping my sister sell her house in Rugby. Will the conveyancing solicitor order an energy performance certificate or it is for the owner to see to?
After the demise of HIPs, EPC’s was maintained a mandatory part of selling a property. An EPC must be to hand in advance of the property being marketed. It is not something that solicitors ordinarily arrange. Where you are using a Rugby conveyancing solicitor they might be willing to arrange EPC’s due to their relationships with long established local assessors
My wife and I are in the process of looking at houses in Rugby and I am now considering a potential offer. Is it premature to have a solicitor in place? I will be getting a mortgage with Coventry BS.
It would be wise to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the selling agent. As you are seeking a mortgage with Coventry BS, ask your prospective lawyers if they are on the Coventry BS conveyancing panel otherwise they can't do the mortgage legal work.
I am due to exchange contracts on my flat. I had a double glazing fitted in November 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, UBS are being a right pain. The Rugby solicitor who is on the UBS conveyancing panel is saying indemnity insurance will be fine but UBS are insisting on a building regulation certificate. Why do UBS have a conveyancing panel if they don't accept advice from them?
It is probably the case that UBS have referred the matter to their valuer. The reason why UBS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Am I better off to choose a Rugby conveyancing solicitor based in the area that I am buying? We have a good friend who can deal with the legal work however her office is over three hundred kilometers away.
The primary upside of using a local Rugby conveyancing firm is that you can visit the firm to execute paperwork, hand in your ID and apply pressure on them where appropriate. They will also have local insight which is a benefit. However it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and in the main were impressed that must surpass using an unknown Rugby conveyancing solicitor just because they are Rugby based.