I am getting a mortgage offer from Lloyds. My intention is to instruct a Licensed Conveyancer in Tetbury. Does the Lloyds Conveyancing panel include conveyancers regulated by the CLC?
The Lloyds approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am in a contract race with another prospective purchaser for a property in Tetbury. What can I do to speed up matters?
In a situation where the seller is applying pressure for your conveyancing we would recommend that your solicitor is familiar with the area as they will benefit local connections and intelligence. It is even conceivable that they could have conducted previoushomes in the same street. Therefore consider using a Tetbury conveyancing solicitor. Second, check that the lawyer is on the member panel. It is said that nearly one in five of Tetbury conveyancing transactions are held up or derailed after finding out that a buyer’s solicitor was not on their banks member panel. In many cases this discovery resulted in the conveyancing being delayed by as much as 21 days. It is believed that this issue affects approximately one hundred thousand home moves every year. Most Tetbury conveyancing firms can not act for certain mortgage companies so do check at the outset.
I require quick conveyancing in Tetbury as I am under a deadline to sign on the dotted line inside 4 weeks. A mortgage is not required. Can I decline from having conveyancing searches to save fees and time?
As you are not obtaining a home loan you are at liberty not to do searches although no solicitor would advise that you don't. With plenty of history conveyancing in Tetbury the following are examples of what can appear and therefore impact the marketability of the property: Refused Planning Applications, Overdue Fees, Overdue Grants, Railway Schemes,...
Yesterday I discovered that there is a flying freehold element on a property I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Tetbury is where the house is located. What do you suggest?
Flying freeholds in Tetbury are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Tetbury you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Tetbury may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
We're FTB’s - agreed a price, but the selling agent told us that the vendor will only issue a contract if we appoint the agent's recommended solicitors as they need a ‘quick sale’. We would rather use a family solicitor with experience of conveyancing in Tetbury
We suspect that the seller is unaware of this requirement. Should the seller desire ‘a quick sale', turning down a genuine purchaser is not the way to achieve this. Try to communicate with the owners directly and make the point that (a)you are motivated buyers (b)you are ready to go, with mortgage lined up © you are chain free (d) you wish to move quickly (e)however you will continue to appoint your preferred Tetbury conveyancing solicitors - not the ones that will earn the negotiator at the agency a referral fee or hit his conveyancing figures set by corporate headquarters.