My husband and I are purchasing a 2 bedroom apartment in Batley with a mortgage. We like our Batley conveyancer, but the lender advise she’s not on their "panel". We have to appoint one of the bank panel conveyancing practices or continue with our Batley property lawyer as well as pay for one of their panel firms to represent them. This seems very unfair; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Batley conveyancing solicitor to apply to be on the conveyancing panel.
We're in Batley, FTBs purchasing with a mortgage (lender is Clydesdale , and our lawyer is on the Clydesdale conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Clydesdale conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer 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.
is it true that all Batley solicitor practices on the Nationwide conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Nationwide conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Some banks do list licenced conveyancers on their panel and in such a situation the organisation would be governed by the CLC.
I recently had an offer agreed on a house in Batley. My financial adviser pressured me to appoint their solicitor. I paid an upfront payment of £200. Not long after, the lawyer contacted me sheepishly admitting that they were not on the Coventry BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Coventry BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I was told two weeks ago that my mortgage has been agreed to by HSBC. Is it usual for HSBC to only issue the offer once my solicitor in Batley is approved on their conveyancing panel? HSBC have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
Is it possible to change firm as I have to choose one who is on the Yorkshire Building Society conveyancing list. I instructed a local conveyancing solicitor in Batley round the corner but he is not accepted by Yorkshire Building Society
We will our best to assist in finding you a conveyancing solicitor in Batley on the Yorkshire Building Society panel. Please note that the conveyancers that we work with do not pay us a referral fee if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Batley. Using search facility on this site, you can contrast fees for conveyancing solicitors in Batley and beyond.
I am four weeks into a leasehold purchase having been directed to conveyancers by the high street agent to execute conveyancing in Batley. I am am extremely frustrated with the quality of service. Can you you assist me in finding new solicitors?
A lawyer would have to be very poor in order to consider diss instructing them. Has your mortgage offer been sent? If so you need to advise them of the replacement lawyer and get the offer are re-sent. Your new conveyancer needs to be on the banks panel to avoid added expenses and frustration. That should be your first question of the new solicitors. Our search tool should assist you in finding a bank approved lawyer for your home move in Batley