Is the fact that my solicitor in Blakeney is not on my lender's conveyancing panel that there is a problem with the quality of his conveyancing?
That is more than likely a wrong assumption to make. There are plenty of reasonable explanations. A recent report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should simply call the Blakeney conveyancing firm and ask them why they are no longer on the approved list for your bank.
Our conveyancer has identified a a problem with the lease for the flat we are buying in Blakeney. The seller’s lawyers have put forward title insurance as a workaround. We are content with insurance and will pay for it. Our lawyer says that he must check that the bank is happy with this solution. Are we the client or is the lender?
Notwithstanding that you have a mortgage offer from the lender does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. The appropriate lender requirements must be adhered to.
I need some quick conveyancing in Blakeney as I am faced with pressure to exchange contracts within 4 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are not getting a mortgage you are at liberty not to have searches conducted although no solicitor would recommend that you don't. With lots of history conveyancing in Blakeney the following are instances of what can arise and therefore impact future saleability: Enforcement Actions, Overdue Fees, Overdue Grants, Railway Schemes,...
How do I use your search tool to select a conveyancing practitioner in Blakeney on the authorised to act for my lender?
First pick a mortgage company such as Accord Mortgages Ltd, Virgin Money or Bank of Ireland then specify your preferred area for instance Blakeney. Conveyancing organisations in Blakeney and beyond should be identified.
We are 18 days into a residential purchase having been recommend to a firm by the selling agent to do our conveyancing in Blakeney. We are not happy. Could you help me find new conveyancers?
They would have to be very poor to suggest replacing them. Has the loan offer been sent? In the event that it has you need to advise them of the new conveyancer and ensure the mortgage documents are issued to the new lawyers. Your solicitor ideally needs to be on the banks approved list to avoid escalating charges and complications. That should be your first question of the new conveyancers. The find a solicitor tool will assist you in finding a lender approved solicitor for your conveyancing in Blakeney
Our mortgage broker has recommended their property lawyer for my conveyancing in Blakeney - won’t it be better to just instruct them?
It is not always the case and you are entitled to instruct whichever conveyancing practitioner of your choosing for your Blakeney home move. A lawyer recommended by an estate agent may not necessarily be the best conveyancer, they may suggest their preferred conveyancing firm who are based remotely. In this instance you may not have contact with your property lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.