Is the fact that my conveyancer in Saltdean is not on my bank's solicitor panel that there is a problem with the standard of his work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should contact the Saltdean conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
My home in Saltdean is up for sale and I have a purchaser. Will the lawyer have to be required to be on the HSBC conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the HSBC conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently in recent years.
There is lots of information on this site about conveyancing in Saltdean but can you isolate your top tip for finding the right conveyancer in Saltdean
Do not opt for the cheapest Saltdean conveyancing fees. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
We are due to move home in December. Does my conveyancing solicitor liaise with the removal company on the day of completion. On a separate note, can you suggest a removal company in Saltdean. Conveyancing solicitor was found before I stumbled across your site.
On the afternoon of completion you can collect the keys from your selling agent but this can only take place after the previous owners conveyancers confirm to the agent that the monies to complete are in and the keys can be released. You should inform the removal men that they can start moving you in. As a matter of policy we do not recommend a specific removal company but can assist you in locating a conveyancing in Saltdean or a solicitor with expertise in conveyancing in Saltdean.
Two weeks ago we had a mortgage agreed in principle with Yorkshire BS. Saltdean conveyancing lawyers are selected. How long does it take for Yorkshire BS to issue the offer to the conveyancer?
Some lenders take longer than others. Have Yorkshire BS conducted the valuation? Have you informed Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I'm refinancing my existing house to a BTL loan with Nationwide Building Society and I will use the rest of the raised equity towards further house. The area we are talking about is Saltdean. Will your lawyers be able to act for both sets of mortgage companies and link together the two deals?
Do use our search tool on this site to ensure that the conveyancers are approved by both lenders. Having checked that they are the lawyer will be able to tie up the two conveyancing matters but you should talk with you lawyer and specify your desired outcome and requirements.
We have an offer in principle from Britannia who have advised we could borrow up to £400k. When do I need to instruct a solicitor for conveyancing? Saltdean is where we plan to move to.
It would be wise to appoint a conveyancing practitioner now so that the solicitor can open the file so they can do the AML checks etc. Once you wish them to start work you will be asked for a deposit usually approximately £200. That should generally be once you have the loan offer from the bank and survey results, but should you want to expedite the process you can get going sooner even though you may be risking some expense.