What is the best way to investigate if the solicitor conducting my conveyancing in Thornton is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Leeds Building Society thus spending £175.00 in another set of legal costs.
Feel free to make use of the find a conveyancing panel solicitor tool on this web page. Please choose the lender and type ‘Thornton’ or your location and you will discover numerous solicitors located in Thornton or near you.
What does a local search reveal regarding the house my wife and I buying in Thornton?
Thornton conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations for instance Searches UK The local search plays an important part in most Thornton conveyancing purchase; as long as you don’t want any nasty surprises after you move into your property. The search will supply data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
I opted to have a survey done on a house in Thornton before appointing solicitors. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some banks tend refuse to issue a mortgage on this type of property.
It depends who your proposed lender is. HSBC has different instructions for example to Nationwide. If you contact us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Thornton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Thornton to see if the conveyancing will be more expensive.
Am I right to be suspicious that third parties that I am dealing with are recommending a nationwide conveyancing firm as opposed to a local Thornton conveyancing company?
As with lots of service providers, often input from relatives can be worth their weight in gold. But there are lots of players in a conveyancing transaction; estate agents, financial adviser and mortgage companies may put forward solicitors to appoint. Sometimes these conveyancers might be known to one of the organisations as experts in their field, but occasionally there may be a financial incentive behind the recommendation. You have the right to appoint your preferred conveyancer. However, bear in mind that most mortgage providers specify a panel list of lawyers you have to use for the lender related work in your conveyancing.
My husband and I are FTB’s - had an offer accepted, yet the property agent has warned us that the seller will only move forward if we instruct the agent's recommended conveyancers as they need a ‘quick sale’. We would rather use a family solicitor accustomed to conveyancing in Thornton
It is unlikely the vendors are driving this. Should the seller desire ‘a quick sale', alienating a genuine purchaser is counter productive. Speak to the vendors direct and explain that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are unencumbered (d) you intend to proceed fast (e)however you intend to appoint your preferred Thornton conveyancing lawyers - rather thanthe ones that will give the negotiator at the agency a commission or hit his conveyancing thresholds pre-set by head office.