I am in a contract race with another prospective purchaser for a property in Felinheli. What can I do to expedite the buying process?
Where you are under time constraints to exchange it is advisable to make sure that your lawyer is familiar with the location as they will have local contacts and know-how. It is even conceivable that they would have handled previoushouses in the same street. You would be best advised to use a Felinheli conveyancing solicitor. In addition, ensure that the lawyer is on the on the approved list for your mortgage company. It is believed that nearly one in five of Felinheli conveyancing deals are delayed or jeopardised after discovering a buyer’s conveyancer was not on their mortgage lender’s member panel. This can often result in the legal transfer of property being held up by as much as three weeks. It is claimed that this issue impacts in the region of one hundred thousand home moves annually. Many Felinheli conveyancing practices can not represent certain lenders so do check at the outset.
My wife and I have recently appointed a conveyancing solicitor in Felinheli. I need to find out whether they are on the Birmingham Midshires conveyancing panel. Could you advise?
The first thing to do is e-mail your lawyer and enquire whether they can act for the lender. Otherwise please call Birmingham Midshires who may be able to confirm.
We had appointed conveyancing lawyers located in Felinheli on the Coventry BS solicitor panel. They have just billed me a separate charge for dealing with the Coventry BS mortgage. Is this an additional conveyancing fee specified by Coventry BS?
Provided it is contained in their Terms of Engagement or Quote then yes your conveyancer is entitled to levy a fee for this. This fee is not set by Coventry BS but by your Felinheli conveyancer. Some firms on the Coventry BS panel will levy ’dealing with mortgage’ fee and others do not.
I have decided to exercise my right to buy my property in Felinheli off the council. I have a mortgage agreed with Clydesdale. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
My offer was accepted on an apartment in Felinheli on 16/12/2024, valuation was booked 3 days after, received a clean bill of health. Solicitor instructed, so all that was missing was my mortgage offer. Having made daily calls to Bank of Ireland and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Bank of Ireland conveyancing panel. Are Bank of Ireland entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Bank of Ireland to deal with your lawyer's application to be on the Bank of Ireland conveyancing panel. There's no guarantee that your solicitor will be accepted.
How does conveyancing in Felinheli differ for newly converted properties?
Most buyers of new build premises in Felinheli contact us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is built. This is because house builders in Felinheli tend to buy the site, 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 Felinheli or who has acted in the same development.
Is it possible to change firm as I have to appoint a firm on the Birmingham Midshires conveyancing panel. I instructed a family conveyancing solicitor in Felinheli five minutes from me but she is not approved by Birmingham Midshires
We will our best to assist in finding you a conveyancing solicitor in Felinheli on the Birmingham Midshires panel. Please note that the law firms that we work with do not pay us commission if you instruct them and are regulated by the SRA who oversee all conveyancing solicitors in Felinheli. Using the find a conveyancing solicitor tool on this page, you can compare charges for conveyancing solicitors in Felinheli and throughout England and Wales.