Am I correct in assuming that the fact that my conveyancer in Chinatown is not identified on my bank's solicitor panel that there is a problem with the standard of her conveyancing?
That is most likely an incorrect 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 most common reasons for removal are: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Chinatown conveyancing firm and enquire why they are no longer on the approved list for your mortgage company.
Can your site be used to locate a Conveyancing solicitor in Chinatown even if I’m not purchasing or selling a house, for instance if I want to acquire a shop in Chinatown with a mortgage from Nottingham Building Society?
Our search tool is predominantly utilised to find domestic conveyancing solicitors in Chinatown but we have set out at the bottom of this page a selection of Chinatown commercial conveyancing firms. You should enquire with the company directly to check if they are also authorised to represent Nottingham Building Society
I am purchasing a flat and need a conveyancing solicitor in Chinatown who is on the Bank of Scotland approved. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Bank of Scotland in certain locations such as Chinatown. We dont recommend any particular firm.
Are all Chinatown Conveyancing Quality Solicitors on the Kent Reliance conveyancing list of approved practices?
Some major banks and building societies now utilise CQS as the kick off point for Panel approval such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their panels.
We previously selected conveyancing lawyers based in Chinatown on the Virgin Money solicitor panel. They are now charging me a separate sum for the legal aspects of the Virgin Money mortgage. Is this an additional conveyancing fee set by Virgin Money?
Provided it is contained in their Terms and Conditions or Quote then yes your lawyer may charge a fee for this. The fee is not set by Virgin Money but by your Chinatown conveyancer. Numerous firms on the Virgin Money panel will quote ’dealing with mortgage’ fee and others do not.
My fiancee and I are spending time viewing houses in Chinatown and I am now considering a potential offer. Is it advisable to have my conveyancing practitioner on ‘stand by’? I intend to finance via a home loan with Leeds Building Society.
It would be prudent to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. Given that you are taking out a mortgage with Leeds Building Society, make sure you remember to check that your lawyer is on the Leeds Building Society conveyancing panel.
I have been on the look out for a leasehold apartment up to £245,000 and found one near me in Chinatown I like with amenity areas and station nearby, the downside is that it only has 61 years on the lease. There is not much else in Chinatown in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a mortgage the shortness of the lease may be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
I have been sourcing a conveyancing lawyer in Chinatown for my sale. Is there any facility to review a solicitor's complaints history with the profession’s regulator?
You may search for documented Solicitor Regulator Association (SRA) determinations arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find details Pre 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The regulator may monitor call for training reasons.