My conveyancer has uncovered a defect with the lease for the apartment we are purchasing in Budleigh Salterton. The seller’s lawyers have suggested title insurance as a solution. We are happy with insurance and will cover the costs. Our property lawyer says that he must ensure that the bank is willing to move forward with this solution. Are we the client or is the bank?
Notwithstanding that you have a mortgage offer from the lender does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the mortgage company are the client. These conveyancing instructions have to be complied with.
We hope to to purchase with Loughborough BS. We have called around locally yet am unable to find a Budleigh Salterton conveyancing firm on the Loughborough BS approved list. Can you help?
Feel free to make use of the search tool on this site. Please choose the lender and type Budleigh Salterton or your location and you will discover numerous solicitors located in Budleigh Salterton or near you.
Me and my partner are buying a property in Budleigh Salterton. It might be a silly question but how we can trust a lawyer? At some point we will need to deposit our life savings into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
How can we know in advance if a Budleigh Salterton conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in Budleigh Salterton getting recommendations is a good start. 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 advertising the lowest fees. We would always advocate that you speak with the solicitor handling your transaction.
Completion of my purchase has taken place for my property in Budleigh Salterton. Conveyancing was a necessary evil but I would like to complain about the lender. How do I make a complaint?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
Due to the advice of my in-laws I had a survey completed on a house in Budleigh Salterton prior to appointing conveyancers. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some lenders will refuse to issue a mortgage on this type of home.
It depends who your proposed lender is. HSBC has different instructions from Halifax. If you call us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Budleigh Salterton. Conveyancing may be slightly more expensive based on your lender's requirements.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the mortgage company conveyancing panel. My lawyer has said that they are on the mortgage company approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the lender solicitor panel.