Much to our surprise we have been told by our mortgage broker that my Moorends the law firm I have appointed is not on the bank Solicitor panel. What can I do to be sure that this is correct?
The best course of action for you to take is to contact your Moorends lawyer directly. You lawyer should inform you of the situation. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
The sellers of the home we are hoping to buy have instructed a conveyancing practitioner in Moorends who has insisted on a preliminary contract with a non-refundable deposit of 5k. Are such agreements sensible?
Lock out agreements are agreements between a home vendor and purchaser giving the buyer exclusive rights to the sale of the premises within a prescribed time frame. Essentially, an exclusivity is a document stating that you should be issued with a contract at a later time which is the main conveyancing contract. It is generally utilised for buyer assurance though in some cases, the vendor may enjoy an upside from such agreements as well. There are numerous pros and cons to having them but you should to check with your conveyancer but beware that it may end up incurring extra in conveyancing charges. In light of this these agreements are unusual in relation to conveyancing in Moorends.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Does this mean I have to appoint their panel solicitor as I would prefer to appoint a Moorends based conveyancing firm?
You should check but the chances are that give you one of their panel lawyers should you accept the "fee-free" deal. Contact the mortgage company to ask if they make available a monetary alternative. In the past a few mortgage companies offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor near Moorends.
Given that I will soon part with hundreds of thousands of pounds on a property in Moorends I would like to talk to a conveyancer regarding thetransaction in advance of appointing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be doing your property ownership legalities in Moorends.There is no ‘factory style conveyancing’ - each client is an important person, not a case number. The practices that we put you in touch with believe that the fees you are quoted for your conveyancing in Moorends should be the amount on the final invoice that you are charged.
We're FTB’s - agreed a price, but the agent has warned us that the seller will only go ahead if we appoint the agent's recommended solicitors as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a local conveyancer accustomed to conveyancing in Moorends
We suspect that the owner is unaware of this request. Should the seller require ‘a quick sale', taking such a hostile approach to a motivated buyer is not the way to achieve this. Bypass the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are ready to go, with finances in place © you are chain free (d) you intend to proceed fast (e)however you are going to instruct your preferred Moorends conveyancing solicitors - rather thanthose that will provide the estate agent a kickback or hit his conveyancing figures pre-set by corporate headquarters.