First Direct

Founded in 1989, First direct is a telephone and internet-based retail bank in the United Kingdom. It is a division of HSCB Bank Plc and has 1.35 Million customers.

First Direct solicitors can help you with:

Buying:

First Direct offer various guides for First time buyers and also excellent financial services for those wanting to purchase a property. They offer two mortgage types:

• Repayment mortgage
• Interest only offset mortgage

And offer three types of repayment rates:

• Fixed rate Mortgages
• Tracker rate mortgages
• Standard variable rate mortgages

Re-mortgaging:

Whether you want to re-mortgage to save money, Release equity or due to a change in financial circumstance, Frist Direct offer an excellent and comprehensive re-mortgage service. They provide free confidential advice. On average it takes an impressive 6-8 weeks to get your mortgage sorted.

Why do first direct solicitors have to select a panel for conveyancing solicitors?

First Direct only work with a select panel of conveyancing solicitors. They regularly review the criterion for the conveyancing solicitors whom they work with to ensure that you receive the best possible service. Solicitors that are approved by First Direct offer high standards of legal services by offering value for money, innovation and stellar legal advice.

Where are First Direct conveyancing solicitors based? 

First direct conveyancing solicitors are located across England and Wales. They offer the best conveyancing services in the country and are highly accessible.

Does my conveyancing solicitor need to be on the panel for Frist Direct Building society?

Mortgage lenders are very strict with who they work with. Your conveyancing solicitor can carry out the work for you but will need to outsource the paperwork relating to your mortgage. There is a risk that this will slow down the chain.

Do I need to use a solicitor for my conveyancing? 

Most mortgage lenders insist that a professional does the paperwork. It is recommended that you use someone with an in-depth understanding of the process.

What happens if my conveyancing solicitor is not on the panel for my mortgage lender?

Some lenders will charge you extra. This can range between £250-£400 depending on the lender.