Unfortunately I am unable to travel far from Filton. Is there a reason why all Filton solicitors aren't included on all lender panels?
Before the recession most banks displayed an approach to risk which is different than today. The Financial Services Authority in 2010 conducted a thematic review into property fraud which in summary warned lenders: know the lawyers on your panel. Consequently, banks have subsequently requiredmore data from law firms concerning their operations and the individuals employed by them and set certain criteria such as completing a minimum amount of transactions. Many law practices have found themselves removed from lender panels even though they had 100% healthy track record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Such firms were never going to satisfy the minimum volume of transactions the mortgage companies insisted on.
I am purchasing a right to buy a flat in Filton. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Filton you will have to appoint a solicitor on your lender's 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 be made in you doing 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 your lender panel in Filton.
Do I need to pay for insurance to protect me from financial exposure to chancel repairs when buying a house in Filton?
Unless a prior purchase of the house completed post 12 October 2013 you may take it that conveyancing practitioners conducting conveyancing in Filton to remain recommending a chancel search and or insurance against a claim.
I decided to have a survey completed on a property in Filton before instructing lawyers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some lenders tend not give a loan on a flying freehold home.
It varies from the lender to lender. Santander has different requirements for example to Halifax. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Filton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Filton to see if the conveyancing will be more expensive.
I have been pointed in your direction by three or four local property agents in Filton to choose a property lawyer on your site. Is there a financial advantage for Estate Agents to recommend your site over alternative conveyancing organisations?
We refuse to make any referral fee for directing people to this site. We found it would be just too difficult a fee as members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.