I am hoping to receive a mortgage with Nat West. My intention is to retain the legal services of a Licensed Conveyancer in Gillingham. Does the Nat West Solicitor panel exclude Licensed Conveyancers?
The Nat West conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My conveyancer has identified a a legal deficiency with the lease for the apartment we are buying in Gillingham. The other side have put forward defective title insurance as a solution. We are happy with insurance and will cover the costs. Our lawyer has advised that he must ensure that the mortgage company is happy with this solution. Who is the client here, us or the bank?
Even though you have a mortgage offer from the bank does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the lender are the client. These conveyancing instructions must be adhered to.
We note that you have a post code search directory identifying law firms on the Barclays conveyancing panel. Do companies pay you a referral fee if I retain them for our own conveyancing in Gillingham?
We are a listing service only for law firms wishing to communicate if they are on the Barclays conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Gillingham.
Me and my partner are purchasing a flat in Gillingham. It might be a silly question but how we can trust a lawyer? On the day of competition we have to deposit our life savings into their account. What protection do we have from them run away with our money?
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.
We previously selected conveyancing lawyers with offices in Gillingham on the HSBC solicitor panel. They have just billed me a further sum for dealing with the HSBC mortgage. Is this an additional conveyancing fee set by HSBC?
Provided it is contained in their Terms and Conditions or Quote then yes your conveyancing practitioner is entitled to charge a fee for this. This charge is not dictated by HSBC but by your Gillingham solicitor. Numerous firms on the HSBC panel will quote ’dealing with mortgage’ fee and others do not.
We are getting the release of further monies on our home loan from Coventry BS as we wish to carry out a loft conversion to our property in Gillingham. Are we obliged to select a nearby Gillingham solicitor on the Coventry BS conveyancing panel to handle the legals?
Coventry BS don't usually instruct a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Coventry BS panel.
The deeds to our property can not be found. The solicitors who handled the conveyancing in Gillingham 10 years ago no longer exist. What are my next steps?
Nowadays there are copies made of almost everything, and your lawyer will be aware exactly where to look for all the suitable paperwork so you can buy or sell your property without a hitch. Where copies are not available, your lawyer can put in place insurance or indemnities protecting you against possible claims on the premises.
Taking into account that I will soon spend hundreds of thousands of pounds on a terraced house in Gillingham I would like to have a conversation with the conveyancer regarding theconveyancing prior to giving the go ahead to the firm. Is this something that you can arrange?
This is something that we recommend - we would be happy to talk to you we do not take any clients on without you speaking to the conveyancer who will be carrying out your property ownership legalities in Gillingham.There is no ‘factory style conveyancing’ - each client is an important person, not a file reference. The solicitors that we put you in touch with believe that the figure you are quoted for your conveyancing in Gillingham should be the figure that you are charged.