I am hoping to receive a mortgage with Nat West. I would like to retain the legal services of a Licensed Conveyancer in Rainham. Does the Nat West Conveyancing panel allow for Licensed Conveyancers?
The Nat West approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am purchasing a new build flat in Rainham and my conveyancer is advising me that she has to the bank to reveal incentives from the seller. I am on a tight deadline to exchange and my preference is not to delay deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Can your site be used to find a Conveyancing solicitor in Rainham even where I’m not buying or selling a house, for example where I intend to buy an office in Rainham with a mortgage from Halifax?
The service is mainly there to find residential conveyancing solicitors in Rainham but we have set out at the bottom of this page a few Rainham commercial conveyancing firms. You should speak with the firm directly to check if they can also act for Halifax
The Rainham conveyancing lawyers that I appointed last week on my house acquisition in Rainham have without warning shut down. I only went with them because I needed a solicitor on the Co-operative conveyancing panel and my family Rainham lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What should be my next steps?
If you have an estate agent involved then inform them straight away so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Co-operative 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 should be in a position to assist.
Are there restrictive covenants that are commonly picked up during conveyancing in Rainham?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Rainham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been pointed in your direction by numerous estate agents in Rainham to find a solicitor on your site. What’s the financial upside for Estate Agents to promote your lawyers over alternative conveyancing organisations?
We don’t give any financial incentive for directing people in our direction. We thought it would be too underhand a fee because members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.