My husband and I are buying a 3 bedroom apartment in Sonning Common with a mortgage. We like our Sonning Common solicitor, but the mortgage company says she’s not on their "panel". We have to appoint one of the lender panel firms or keep our Sonning Common conveyancer and pay for one of their panel lawyers to act for them. We feel that this is inequitable; is there anything we can do?
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 bank’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 Sonning Common conveyancing solicitor to apply to be on the conveyancing panel.
My Conveyancer in Sonning Common has never been on on the Coventry Building Society Approved Panel. Is it possible for me to use my prefered solicitor even though they are excluded from the Coventry Building Society approved list?
Your options are as follows:
- Complete the purchase with your existing Sonning Common lawyers but Coventry Building Society will need to retain a lawyer on their panel. This will result in additional total legal fees as well as cause delays.
- Find a new lawyer to to deal with the conveyancing, obviously checking they are Coventry Building Society approved.
- Persuade your Coventry Building Society based solicitor to seek to join the Coventry Building Society panel
Just acquired a terraced house in Sonning Common , What is the estimated time for the Land Registry to deal with the formalities evidencing my proprietorship? My Sonning Common conveyancing solicitor works at snail pace, so I want to be certain the post completion formalities are concluded.
There is nothing unique when it comes to conveyancing in Sonning Common registration formalities. Rather than based on location, timescales can vary subject to who lodges the application, whether there are errors and if the Land registry must send notices to any interested parties. Currently approximately 80% of submission are fully addressed in less than three weeks but occasionally there can be protracted hold-ups. Registration takes place once the buyer is living at the premises therefore 'speed' is not typically top priority but if there is a degree of urgency associated with the registration then you or your conveyancer can communicate with the Registry to express the reasoning for the application to be prioritised.
I'm refinancing my current house to a buy to let mortgage with HSBC Bank and I will use the ballance of the raised equity as a deposit on another house. The area we are looking at is Sonning Common. Will your conveyancers be able to act for both sets of lenders and link together the conveyances?
Do use our search tool on this page to ensure that the solicitors are approved by both lenders. On the basis that they are the lawyer should be able to tie up the two deals but you should have a chat with you lawyer and specify your desired outcome and needs.
How diverse are the property related services that Sonning Common conveyancing practices provide?
Generally most Sonning Common conveyancing organisations tend to conduct a wide sphere of assistance to home and land proprietors, sellers, purchasers, landlords and tenants such as:
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Domestic sale conveyancing in Sonning Common and wider afield
Residential purchase conveyancing in Sonning Common and also around the country
Non-contentious landlord & tenant matters Advice on property related issue Property division, following divorce or breakdown of a relationship Auction property conveyancing - selling or buying