Do the conveyancing lawyers listed on your site carry out attended exchange conveyancing in Yelverton?
There are a few conveyancing experts who can conduct one day exchanges. Do call us to secure a fee calculation and details as to availability.
We wanted to use a conveyancing solicitor in Yelverton for our home move. Our financial adviser informed us that our mortgage company The Mortgage Works won't deal with them. Why is this not regarded as unfair competition?
Pre- 2008 most lenders had a different appetite for risk. Almost all Yelverton conveyancing firms would have been on many lender panels. The Financial Services Authority in 2010 carried out a thematic review into mortgage fraud which come to the conclusion: know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more data from law firms concerning their operations and their employees as well as establishing certain criteria such a completing on a minimum number of transactions. Many Yelverton conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Yelverton is one of the many areas where the lawyers we recommend are members of the panel for The Mortgage Works.
Is it the case that all Yelverton conveyancing solicitors on the TSB conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the TSB conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel and in such a situation the organisation would be regulated by the CLC.
My wife and I have arranged a further advance on our mortgage from Principality as we intend to conduct alterations to our property in Yelverton. Are we obliged to appoint a nearby Yelverton solicitor on the Principality conveyancing panel to deal with the paperwork?
Principality do not ordinarily require firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Principality list.
After what seems like an age I have had an offer on a flat in Yelverton accepted, but there is a chain. The vendors have placed an offer on a flat, but it’s not yet tied up, and are looking at other apartments booked. I have chosen a nearby conveyancing solicitor in Yelverton. What do I do now? At what stage should I apply for the mortgage with Barclays?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of £1k, then survey, Yelverton conveyancing search charges, etc). First, you should check that your solicitor is on the Barclays conveyancing panel. As to the next phase this very much dictated by the circumstances of your case, desire for the property and on the state of the market. During a hot market some home buyers will apply for a home loan with Barclays and pay for the valuation and only if it was satisfactory would they pay their conveyancer to proceed with the conveyancing in Yelverton.
I have justbecome aware that Stirling Law have been shut down. They carried out my conveyancing in Yelverton for a purchase of a leasehold flat 12 months ago. How can I establish that the property is in my name in the name of the former proprietor?
The easiest method to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Yelverton conveyancing specialists.
I decided to have a survey carried out on a property in Yelverton prior to retaining lawyers. I have been advised that there is a flying freehold element to the house. My surveyor has said that some banks tend refuse to give a loan on such a house.
It depends who your proposed lender is. HSBC has different instructions from Nationwide. If you e-mail us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Yelverton. Conveyancing will be smoother if you use a solicitor in Yelverton especially if they are accustomed to such properties in Yelverton.