I am getting a offer of a home loan from Nat West. I hope to employ the services of a Licensed Conveyancer in Aldeburgh. Does the Nat West Conveyancing panel allow for Licensed Conveyancers?

The Nat West approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.

I am buying a new build flat in Aldeburgh. Can I do my own conveyancing?

Leaving aside the complexities and merits of DIY conveyancing in Aldeburgh you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Aldeburgh.

Can I be sure that the Aldeburgh conveyancing solicitor on the Lloyds panel is any good?

When it comes to conveyancing in Aldeburgh getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer carrying out your transaction.

I have a mortgage with Bank of Ireland for my property in Aldeburgh. Conveyancing has been completed a year ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Bank of Ireland?

Your original mortgage agreement with Bank of Ireland will provide that you need their approval before letting out your property as this is likely to be a breach of Bank of Ireland’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Bank of Ireland directly. It should not be necessary to do this via a Bank of Ireland conveyancing panel solicitor.

Planning on purchasing a flat in Aldeburgh. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Leeds Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Aldeburgh solicitor is on the Leeds Building Society conveyancing panel.

I am purchasing a new build house in Aldeburgh with a loan from Virgin Money. The sellers refused to move on the price so I negotiated five thousand pounds worth of additionals instead. The sale representative told me not inform my lawyer about the deal as it could affect my mortgage with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

My husband and I are purchasing a three room flatin Aldeburgh with a loan from a mortgage company. We would like to retain our solicitor in Aldeburgh however our mortgage company says he's not on their "panel". It seems we have little choice but to instruct one of the our mortgage company panel solicitors or keep our Aldeburgh solicitor and pay for one of their panel ones to represent our lender. We feel as though this is unjust; is there anything we can do?

Unfortunately,no. The mortgage company mortgage offered to you is subject to conditions, one of which will be that lawyers will on the lender's conveyancing panel. in the past, most mortgage companies had open panels, including many conveyancing solicitors in Aldeburgh : a mortgagee 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 solicitors to apply to be on the conveyancing panel for your lender.