I am expecting a mortgage offer from Lloyds. My intention is to use a Licensed Conveyancer in Mile End. Does the Lloyds Solicitor panel exclude Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
The Mile End conveyancing firm that I appointed last week on my house acquisition in Mile End have suddenly closed. I only went with them because I had to have a lawyer on the Clydesdale conveyancing panel and my preferred Mile End lawyer was not. I cut them a cheque for two hundred pounds in advance. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them immediately so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Clydesdale conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help.
This question may be naive but I am new to the home moving as FTB of a garden flat in Mile End. Do I collect the keys to the house on completion from my lawyer? If this is the case, I will appoint a local conveyancing solicitor in Mile End?
There is no need to visit the lawyers office on the day of completion. Your solicitors will electronically transfer the completion advance to the owner’s conveyancers, and once they have received this, you will be able to receive the keys from the selling Agents and start moving into the property. This tends to happen between 1 and 3pm.
A relative advised me that in purchasing a property in Mile End there may be a number of restrictions as to what one can do in terms of external alterations to the property. Is this right?
We are aware of a number of properties in Mile End which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Mile End should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are getting a further advance on our home loan from Santander as we intend to carry out alterations to our home in Mile End. Are we obliged to appoint a nearby Mile End solicitor on the Santander conveyancing panel to handle the paperwork?
Santander would not normally require firms on their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Santander conveyancing panel.
I used Wolstenholmes a few years ago for my conveyancing in Mile End. I now require my papers but the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Mile End of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying my first flat in Mile End with the aid of help to buy. The builders refused to reduce the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not disclose to my conveyancer about the extras as it would impact my loan with The Mortgage Works. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am looking to sell my property. My previous solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Mile End if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Mile End. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.