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What came first, chicken or egg, mortgage or solicitor...
SunnyCat
Posts: 153 Forumite
We have had our offer accepted and I am trying to choose a solicitor to get things started. But I understand that I need to make sure that the solicitor is on our lender's panel.
Does that mean we need to pick a mortgage first? We have AIP from first direct (our bank, who doesn't deal with brokers) but have been also planning to work with a broker to get comparison... But it sounds like this is something that takes a while and I would like to choose a solicitor today or tomorrow.
Should I just ditch the broker, go with fd, and get a solicitor that's on their panel? Is my other option waiting for days to compare mortgage deals and only choose solicitor then?
Thanks in advance!!!
Does that mean we need to pick a mortgage first? We have AIP from first direct (our bank, who doesn't deal with brokers) but have been also planning to work with a broker to get comparison... But it sounds like this is something that takes a while and I would like to choose a solicitor today or tomorrow.
Should I just ditch the broker, go with fd, and get a solicitor that's on their panel? Is my other option waiting for days to compare mortgage deals and only choose solicitor then?
Thanks in advance!!!
0
Comments
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Both the chicken and broker would come first.0
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Broker, Lender, Solicitor.
There is no harm having an idea of solicitor you want to use. We regularly speak to people who know who they want to use. Providing it is not a small one man band down a back street, they are usually accepted by many lender.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Any solicitors firm with a reasonable-sized conveyancing department is likely to be on the panel of mainstream lenders, so I wouldn't get overly concerned about that aspect unless you're going with an "odd" lender or are keen to use a two-man-band law firm.0
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