My financial adviser has asked me for my Abbey Wood solicitor’s panel member for the Lloyds conveyancing panel. How do I discover this. I have tried my local Abbey Wood office but they cant find it on their system.
You are best placed to get this information from your Abbey Wood solicitor . Most Abbey Wood law practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
We're in Abbey Wood, First timers buying with a mortgage (lender is Barclays , and our lawyer is on the Barclays conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Barclays conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property 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.
My wife and I are purchasing a flat in Abbey Wood. It might be a silly question but how we can trust a conveyancer? On completion day we have to send money into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Are all Abbey Wood Conveyancing Quality Solicitors on the Skipton conveyancing list of approved practices?
It is true that some banks and building societies now utilise CQS as the starting point for Panel approval such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their panels.
I am selling my house. I had a double glazing fitted in November 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Yorkshire BS are being pedantic. The Abbey Wood solicitor who is on the Yorkshire BS conveyancing panel is saying indemnity insurance will be fine but Yorkshire BS are insisting on a building regulation certificate. Why do Yorkshire BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Yorkshire BS have referred the matter to their valuer. The reason why Yorkshire BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I am looking for a ground for flat up to £235,500 and found one near me in Abbey Wood I like with amenity areas and station in the vicinity, however it's only got 51 years on the lease. There is not much else in Abbey Wood in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you require a home loan that many years may be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.
I am four weeks into a freehold purchase having been directed to conveyancers by the selling agent to handle our conveyancing in Abbey Wood. I am am very disappointed with the quality of service. Could you help me find new conveyancers?
A conveyancer would need to be very poor to suggest replacing them. Has the loan offer been issued? If so you need to inform them of the replacement solicitor and ensure the mortgage documents are re-issued. The conveyancer should be on the banks approved list to avoid supplemental charges and delays. That should be your first question of the new solicitors. The find a solicitor tool should help you find a lender approved lawyer for your home move in Abbey Wood
My wife and I have recently appointed a conveyancing solicitor in Abbey Wood. I I would like to check if they are on the bank's conveyancing panel. Can you or the bank confirm if they are on the panel?
One option is to phone the solicitor to enquire if they are on the lender's approved list. If that does not help get in touch with us and we can make some checks for you. Should the firm not be on the conveyancing panel we can certainly arrange a reputable conveyancing solicitor in Abbey Wood on the approved list for your mortgage company.