Unfortunately I am unable to travel far from Badminton. Is there a reason why all Badminton lawyers aren't included on all mortgage company panels?
Pre- 2008 most banks demonstrated an attitude to risk which differs from the current day. The FSA in 2010 instigated a thematic review into mortgage fraud which concluded: know the lawyers on your panel. Accordingly, banks have subsequently looked to extract more data from law firms regarding their processes and the staff who work for them and set certain criteria such as completing a minimum number of transactions. Many firms have found themselves excluded from lender panels even though they had an exemplary disciplinary record, no complaints and no claims and didn't just 'dabble' in conveyancing. Many firms were never going to satisfy the minimum volume of transactions the lenders required.
Do all mortgage companies provide you with an approved list of Badminton conveyancing solicitors? How do you know who is on the Coventry BS conveyancing panel?
Badminton conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
My wife and I are purchasing a house in Badminton. It might be a silly question but how we can trust a solicitor? On the day of competition we will need to put funds into their account. What protection do we have from them run away with our monies?
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.
I have today made my last payment due on my mortgage with Virgin Money. I assume I don't need a Badminton lawyer on the Virgin Money panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Virgin Money mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Virgin Money mortgage from the register. Virgin Money, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Virgin Money has sent the Land Registry the discharge electronically, and
- Virgin Money has instructed the Land Registry to do so
After what seems like an age I have had an offer on an apartment in Badminton agreed to, but there is a chain. The sellers have placed an offer on a flat, but it’s not yet tied up, and have viewings of other properties in the pipeline. I have instructed a local conveyancing solicitor in Badminton. What should be my next step? When do I get the mortgage application with TSB started?
It is usual to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of one thousand pounds, then valuation, Badminton conveyancing search charges, etc). The first course of action is to ensure that your property lawyer is on the TSB conveyancing panel. As to the next phase this very much depends on the circumstances of your case, attraction to the property and on the state of the market. During a buoyant market the majority of buyers would apply for a home loan with TSB and pay for the valuation and only if it was satisfactory would they ask their property lawyer to proceed with the conveyancing in Badminton.
Is there anything unique about your site and other online quote calculators for conveyancing in Badminton?
At this site obtain a fixed fee quote via a Solicitor or Licensed Conveyancer that has a full understanding of the issues of your conveyancing in Badminton. As opposed to estate agents and brokerage sites we do not charge firms a fee if you appoint them for your property ownership legalities in Badminton
I am looking for a conveyancing lawyer in Badminton for my house move. Can I see a solicitor's record with the profession’s regulator?
One can review published Solicitor Regulator Association (SRA) determinations stemming from inquisitions commenced on or after Jan 2008. Go to Check a solicitor's record. For information Pre 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The SRA may monitor call for training purposes.
What do I do if I am unhappy with the conveyancer who conducted my conveyancing in Badminton?
We live in an imperfect world, and unfortunately every so often matters do not go as planned. That being said there is recourse where you were unhappy with your conveyancing in Badminton. This varies from trying to resolve matters directly with them, through to reporting a conveyancer to their regulator. If things still aren’t resolved you may consider enlisting the help of the Legal Ombudsman.