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Selling - choice of solicitor
FarmGirl78
Posts: 86 Forumite
Hi all
For selling a properly, which still has a mortgage on it, does the solicitor need to be on the panel for the mortgage provider? I'm thinking that might only apply to buying, and not redeeming a mortgage. I'm considering 2 different solicitor firms, and each has given a different answer.
Please can someone in the know confirm?
Thanks in advance!
xx
For selling a properly, which still has a mortgage on it, does the solicitor need to be on the panel for the mortgage provider? I'm thinking that might only apply to buying, and not redeeming a mortgage. I'm considering 2 different solicitor firms, and each has given a different answer.
Please can someone in the know confirm?
Thanks in advance!
xx
0
Comments
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I suspect the answer will depend on who the lender is - often they'll only send out title deeds to panel solicitors - but it's likely the lender doesn't hold anything useful in the way of title deeds anyway. Otherwise anyone can deal with redemption of the mortgage.1
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Thank you. That makes sense.
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Lender will wish to be represented by a lender that they trust. You can use any solicitor that you like.0
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