Me and my partner are planning to buy a 3 bedroom flat in Cudham with a mortgage. We like our Cudham conveyancer, but the mortgage company advise he's not on their "panel". We have to appoint one of the mortgage company panel solicitors or keep our Cudham solicitor as well as pay for one of their panel firms to act for them. This feels very unfair; can we not require that the lender use our Cudham conveyancing practitioner ?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Cudham conveyancing lawyer to apply to be on the conveyancing panel.
When does exchange of contracts take place for domestic conveyancing in Cudham and am I required to attend the lawyers branch?
Where you are in close proximity to our conveyancing solicitors in Cudham you are invited in to sign contracts. That being said, the law practices we work with offer a nationwide conveyancing service and give just as detailed and professional a job for you when dealing with you electronically. The executing of the property agreement is not the critical part. Signing on the dotted line is necessary for the solicitor to officially exchange when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Cudham)to be in the office at the appropriate time.
I am purchasing a new build flat in Cudham. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Cudham you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Cudham.
What is the difference between a licensed conveyancer and conveyancing solicitor in Cudham
There are many registered licenced Conveyancers in Cudham and Solicitor partnerships in Cudham who can help with your conveyancing We would stress that the two are regulated professionals specialising in the legal aspects of the home buying process. The two can handle associated property related work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
We were going to get a OIP from Principality this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Principality recommend any Cudham solicitors on the Principality conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Cudham solicitors independently although you'll need to choose one on the Principality conveyancing panel. The solicitor represents both you and Principality through the process.
Intending to buy a maisonette in Cudham. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Cudham lawyer is on the Barclays conveyancing panel.
I have been told that property searches are a common reason for delay in Cudham house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays during the legal transfer of property. Searches are unlikely to feature in any slowing down conveyancing in Cudham.
I am thinking of appointing a conveyancing practitioner in Cudham for my home move. Can I see a solicitor's record with the legal regulator?
One can see presented Solicitor Regulator Association (SRA) decisions stemming from investigations commenced on or after 1 January 2008. Visit Check a solicitor's record. For information Pre 2008, or to check a solicitors 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 sometimes recorded telephone calls for training requirements.