Unfortunately I am unable to travel far from Catford. I would like to know the reason why all Catford conveyancers aren't included on all bank panels?
Mortgage Companies normally impose restrictions on either the type or volume of conveyancing practices on their panel. Frequent examples of such criteria being that the firm must have two or more partners. As well as restricting the type of firm, some lenders decided to restrict the number of firms they permit to represent them. You should note that building societies have no accountability for the accuracy of service given by any Catford conveyancing practitioner on their panel. Mortgage fraud was the main trigger for the reduction of solicitor panels a few years ago notwithstanding that there are conflicting assessments about whether solicitors sat at the center of that fraud. Statistics via the Land Registry indicates that thousands of conveyancing firms only carry out one or two conveyances annually. Those advocating conveyancing panel consolidation question why conveyancing firms should have the right to remain on a bank panel when clearly conveyancing is not their speciality?
I am aiming to move property in October. Does my conveyancing solicitor liaise with the removal company on the completion day. Incidentally, can you suggest a removal company in Catford. Conveyancing lawyer was organised before I stumbled across your website.
On the day of completion you will need to pick up the house keys from the property agent however this can only happen when the previous owners lawyers inform the agent that the monies to complete are in and the keys can be given over. You should tell the removal men that they can start moving you in. As a matter of policy we do not recommend a specific removal organisation but can help you locate a conveyancing in Catford or a firm that specialises in conveyancing in Catford.
Is it the case that all Catford solicitors on the Co-operative conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Co-operative approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. Some lenders do allow licenced conveyancers on their panel and in that case the firms would be regulated by the Council of Licensed Conveyancers.
Two weeks ago we had a mortgage agreed in principle with Yorkshire BS. Catford conveyancing solicitors are instructed. What is the average time that one could expect to receive a mortgage offer from Yorkshire BS?
There is no definitive answer here. Have Yorkshire BS completed the valuation? Have you advised Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am selling our house in Catford and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A local conveyancer would know that there is no such problem. It does beg the question why the purchasers instructed a web based conveyancing firm as opposed to a conveyancing solicitor in Catford. We have lived in Catford for many years we know that this is a non issue. Do we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I opted to have a survey carried out on a house in Catford ahead of retaining solicitors. I have been told that there is a flying freehold overhang to the property. Our surveyor advised that some mortgage companies will refuse to give a loan on such a premises.
It varies from the lender to lender. Bank of Scotland has different instructions from Nationwide. Should you wish to call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Catford. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Catford to see if the conveyancing costs will increase in light of this.
My husband and I are FTB’s - agreed a price, but the estate agent advised that the vendor will only go ahead if we instruct the agent's recommended solicitors as they need a ‘quick sale’. My instinct tells me that we should use a high street conveyancer used to conveyancing in Catford
It is unlikely the vendors are driving this. Should the owner desire ‘a quick sale', turning down a genuine buyer is going to damage their objectives. Contact the sellers directly and explain that (a)you are motivated purchasers (b)you are ready to go, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you will continue to instruct your own,trusted Catford conveyancing firm - not the ones that will give the negotiator at the agency a commission or meet his conveyancing figures demanded by HQ.
My step-son is about to join the property ladder, he had his mortgage in principle. When the offer was accepted on house we contacted the mortgage company to go forward with his. I was very surprised to discover that mortgage companies do not accept all conveyancer, they need to be on their approved list, is this correct?
Mortgage Companies ordinarily imposes restrictions either the type or the number of conveyancing practices on their approved list of lawyers. A common example of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any Catford solicitor on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Presumably not.