My fiance and I are intent on purchasing property in Tring. My Conveyancer is not on the mortgage company approved panel. Is it possible for me to continue with my Tring conveyancing solicitor even though they are excluded from the bank approved list?
Your options include
- Carry on with your chosen Tring lawyer but your bank will need to appoint a solicitor from their approved panel. The net result is additional cost together with likely delay.
- Get a new solicitor to conduct the conveyancing, making sure they are on the bank conveyancing panel.
- Convince your conveyancer to do everything within their powers to get accepted on the mortgage company panel of solicitors
As someone not used to the Tring conveyancing process what is the number one tip you can give me concerning the legal transfer of property in Tring
Not many law firms or advisers will tell you this but conveyancing in Tring and elsewhere in England and Wales is an adversarial process. Put another way, when it comes to conveyancing there exists lots of room for friction between you and others involved in the house moving process. For instance, the seller, selling agent and sometimes the lender. Choosing a solicitor for your conveyancing in Tring is a critical decision as your conveyancer is your adviser, and is the ONLY party in the process whose responsibility is to act in your best interests and to protect you.
We are witnessing a definite emergence of a "blame" culture- someone must be at fault for the process being so protracted. We recommend that you your first instinct should be to trust your conveyancer above all other parties in the conveyancing process.
We are planning to move property in August. Should my conveyancing solicitor call the removal company on the completion day. On a separate note, can you put forward a removal company in Tring. Conveyancing solicitor was found before I stumbled across this site.
On the day of completion you will need to pick up the house keys from the property agent however this can only be done once the sellers solicitors advise the agent that they have the completion monies and the keys can be collected. After that you will need to tell the removal company that they can start moving you in. As a matter of policy we do not suggest a specific removal company but can assist you in choosing a residential property solicitor in Tring or a legal practice with expertise in conveyancing in Tring.
Is it the case that all Tring solicitor practices on the Clydesdale conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Clydesdale conveyancing panel they would need to be governed by the SRA. Many lenders do permit licenced conveyancers on their panel in which case such firms would be regulated by the CLC.
We previously chose conveyancers based in Tring on the Aldermore solicitor panel. They are now charging me an additional fee for the legal aspects of the Aldermore mortgage. Is this a supplemental conveyancing fee set by Aldermore?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your property lawyer may charge a fee for this. The charge is not dictated by Aldermore but by your Tring conveyancer. Plenty of firms on the Aldermore panel will charge an ‘acting for lender’ fee and others do not.
How does conveyancing in Tring differ for new build properties?
Most buyers of new build property in Tring contact us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is completed. This is because house builders in Tring usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Tring or who has acted in the same development.
My step-father has suggested that I appoint his lawyers for conveyancing in Tring. Do I take his guidance?
No doubt the ideal way to choose a conveyancing lawyer is to seek referrals from friends or family who have actually previously instructed the solicitor that you are are thinking of instructing.