My fiance and I are looking to acquire a flat in Ravenglass and are in fact using a Ravenglass conveyancing practice. Within the past 48 hours our solicitor has sent a preliminary report and documents to look through in anticipation of exchanging contracts shortly. Aldermore have this evening contacted us to inform me that they have now hit a problem as our Ravenglass solicitor is not on their approved list of lawyers. Please explain?
If you are buying a property requiring a mortgage it is standard for the purchasers' solicitors to also represent the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the bank's conveyancing panel and you may continue to use your own Ravenglass solicitors, in which case your legal fees may increase, and it will likely delay the transaction as you have another set of people involved.
We're in Ravenglass, First time buyers buying with a mortgage (lender is Yorkshire BS , and our solicitor is on the Yorkshire BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Yorkshire BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Ravenglass?
Two types of professional can carry out conveyancing in Ravenglass namely CLC regulated conveyancers or solicitors. The two can administer the legal services that required to complete the sale or acquisition of property. Both are obliged to carry out Ravenglass conveyancing to the same quality and guidelines so you may be sure that your conveyancing will be properly conducted and that the necessary procedures should be accurately followed.
Intending to buy a flat in Ravenglass. 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 Santander 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 Ravenglass lawyer is on the Santander conveyancing panel.
My offer was accepted on a property in Ravenglass on 13/1/2025, valuation was booked 4 days after, received a clean bill of health. Conveyancer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Clydesdale and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Clydesdale conveyancing panel. Are Clydesdale 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 Clydesdale to deal with your lawyer's application to be on the Clydesdale conveyancing panel. There's no guarantee that your solicitor will be accepted.
A relative advised me that if I am buying in Ravenglass I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Ravenglass conveyancing searches. It is a large report of more than thirty pages, listing and detailing important information about Ravenglass around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Ravenglass Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data concerning Ravenglass.
I am selling my property. My past lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Ravenglass if that affects matters.
You should use our search tool to help you choose a solicitor for your conveyancing in Ravenglass. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.