I am purchasing residence in Honor Oak. My property lawyer is not on the mortgage company conveyancing panel. Can I still use my Honor Oak conveyancing solicitor notwithstanding that they are excluded from the lender panel of approved conveyancing solicitors?
You have a couple of alternatives available to you here
- Carry on with your preferred Honor Oak conveyancing practitioner but your lender will need to appoint a conveyancer on their approved panel. This will result in additional charges and likely interruption.
- Appoint a fresh conveyancing practitioner to act in the purchase, obviously checking they are on the bank conveyancing panel.
- Appeal to your solicitor to apply to join the lender panel
We are a couple about to sign contracts for a semi detached house in Honor Oak. We have hit a problem. Our loan offer with Yorkshire Building Society runs out on 27/5/2025 but the owners are suggesting a completion date of 29/5/2025. Is it possible to prolong the loan offer?
The person best placed to deal with your question is your lawyer who should assess if they should be discussing with the bank, vendor’s lawyers, selling agents or possibly all parties given the history of your house move as of today.
The Honor Oak conveyancing lawyers that I recently instructed on my purchase in Honor Oak have suddenly closed. They were on acting for me because I needed a solicitor on the Kent Reliance conveyancing panel and my previous Honor Oak lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What are my options?
Assuming that you have an Estate Agent in the equation then let them know straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Kent Reliance conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to help.
I'm refinancing my existing property to a buy to let mortgage with Bank of Ireland and intend to use the remaining equity as a down payment on another property. The location we are talking about is Honor Oak. Will your lawyers be able to act for both sets of banks and link together the conveyances?
Do use our comparison tool on this site to be sure that the solicitors are on the relevant lender panels. Assuming that they are your solicitor should be able to tie up the two deals but you should have a chat with you solicitor and make apparent your expectations and requirements.
My husband and I are a couple of weeks into a freehold purchase having been referred to a firm by the estate agent to execute conveyancing in Honor Oak. We are not happy. Could you you assist me in finding new solicitors?
A conveyancer would need to be really poor to suggest diss instructing them. Has your mortgage been generated? If so you will need to advise them of the new contact details and have the loan are issued to the new lawyers. Your conveyancer needs to be on the mortgage company panel to avoid added charges and frustration. So that should be your starting point. Our search tool can help you find a bank approved solicitor for your conveyancing in Honor Oak