I am one month into the sale of my flat in Leven and the estate agent has just text me to say that the purchasers are changing their conveyancer. I am told that this is due to the fact that the lender will only deal with property lawyers on their approved list. Why would a major lender only engage with specific law firms rather the firm that they want to appoint for their conveyancing in Leven ?
Lenders have always had panels of law firms that can represent them, but in the last few years big names such as Nationwide, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have worked with them for many years.
Lending institutions blame a rise in fraud as the reason for the reduction – criteria have been narrowed as a smaller panel is easier to keep an eye on. Banks tend not to reveal how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is hearing daily from firms that have been removed from panels. Plenty of firms are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your buyers are unlikely to have any impact on this.
I sincerely hope you can assist me. My Leven conveyancer is advising me that he has toconduct Leven conveyancing searches asthe firm are on the Santanderapproved lawyer panel. Is this really necessary?
You have limited options available to you. As you are obtaining a home loan with a bank your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook specifications . Even if you were a cash buyer you would be ill advised not to carry out Leven conveyancing searches.
What will a local search tell me about the house my wife and I purchasing in Leven?
Leven conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search organisations such as PSG The local search plays a central part in many a Leven conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your new home. The search will provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The conveyancers who conducted the conveyancing in Leven 10 years ago are no longer around. What do I do?
Nowadays there are copies made of almost everything, and your solicitor will know exactly where to look for all the appropriate documentation so you can buy or dispose of your house without any difficulty. Where copies can’t be found, your lawyer may be able to put in place insurance or indemnities against possible claims on the property.
I am selling my house. My past lawyers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Leven if that affects matters.
You should use our search tool to help you find a solicitor for your conveyancing in Leven. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I need to appoint a conveyancing solicitor for freehold conveyancing in Leven. I have stumble across a site which looks to be the perfect offering If it is possible to get all formalities completed via web that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?