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approved by First Trust Bank
Ready to buy a new home? Failing to check that a lawyer is on the First Trust Bank list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the First Trust Bank Conveyancing Panel? How can my firm be reinstated onto the First Trust Bank Conveyancing Panel?Find an Approved Solicitor on the First Trust Bank Conveyancing Panel
Frequently asked questions relating to the First Trust Bank Conveyancing Panel
I have been advised by my broker that I have to pay First Trust Bank fees if I use my own solicitor. How good are the First Trust Bank conveyancing panel solicitors? I'm happy to use any solicitor in the country TBH provided that they are good and not exorbitantly priced. Are there any First Trust Bank conveyancers you'd recommend?
First Trust Bank’s conveyancing panel is pretty large so your best bet is just to check with the firms you are getting quotes from whether they are on it. You can search by postcode on the search tool on this site to find solicitors that First Trust Bank will allow to act for them.
My son-in-law is buying a newly built flat with a mortgage from First Trust Bank. His solicitor has advised him of a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties involved in the transaction. Therefore, it will be provided to your son’s lawyer who should be on the First Trust Bank conveyancing panel as a standard part of the process, and to the valuer when asked.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the First Trust Bank conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am buying a flat and need a conveyancing solicitor in Birmingham who is on the First Trust Bank approved. Can you recommend a local solicitor?
Our service is a directory service for firms who wish to be listed as being on the approved conveyancing panel for First Trust Bank . We don’t recommend any particular firm.
I am buying a right to buy flat and getting a mortgage with First Trust Bank. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing you will have to appoint a solicitor on the First Trust Bank conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to made in you doing to conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on the First Trust Bank conveyancing panel in your location.
My wife and I have arranged a further advance on our mortgage from First Trust Bank as we wish to carry out a loft conversion to our home. Do we need to appoint a solicitor on the First Trust Bank conveyancing panel to deal with the paperwork?
First Trust Bank do not ordinarily appoint a member of their conveyancing panel to deal with such a matter. If they did require any legal work then you would need to ensure that such a lawyer was on the First Trust Bank panel
I have decided to exercise my right to buy my property off the council. I have a mortgage agreed with First Trust Bank. 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 use one. Any advice?
It is not advisable 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 First Trust Bank you will need to appoint a solicitor on the First Trust Bank conveyancing panel.
After shopping around on the internet I have found a solicitor having made sure that they are on the First Trust Bank conveyancing panel. Does my lawyer arrange the survey of the property?
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Having read lots of mortgage guides,I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my solicitor - who is on the First Trust Bank conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
First Trust Bank will need an independent valuation of the property. Your lawyer will not arrange this. Usually First Trust Bank will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey.
You may wish to consider appointing your own surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
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Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by postcode. As you are getting a mortgage with First Trust Bank you could contact your them to see if they have a list of approved surveyors.
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Transfer of Equity for First Trust BankPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors