The Roehampton conveyancing firm handling our Roehampton conveyancing has uncovered an inconsistency between the assumptions in the home valuation report and what is revealed within the legal papers for the property. My solicitor informs me that he is duty bound to check that the bank is happy with this discrepancy and is content to go ahead. Is my lawyer’s stance legitimate?
Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Do lawyers ask for an advanced payment for my conveyancing in Roehampton?
Where you are retaining lawyers for conveyancing in Roehampton your lawyer will request that you place them with monies to cover the the cost of the conveyancing searches. Generally this is needed to cover the fees of the Local Authority Search. If any deposit is payable against the purchase price then this should be asked for shortly ahead of contracts are exchanged. The final balance that is needed will be payable shortly before completion.
We were going to get a DIP from Lloyds this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Lloyds recommend any Roehampton solicitors on the Lloyds conveyancing panel, or is it better to go independently?
You will need to appoint Roehampton solicitors independently although you'll need to choose one on the Lloyds conveyancing panel. The solicitor represents both you and Lloyds through the process.
I recently had an offer accepted on a house in Roehampton. My mortgage broker recommended their conveyancers. I paid an upfront payment of £150. A couple of days later, the solicitor contacted me to say that they were not on the Nationwide conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Nationwide panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I was told two weeks ago that my mortgage has been agreed to by UBS. Is it usual for UBS to only issue the offer once my solicitor in Roehampton is approved on their conveyancing panel? UBS have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for UBS to deal with your lawyer's application to be on the UBS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Is it possible to swap conveyancer as I need to choose one who is on the Clydesdale conveyancing panel. I hired a local conveyancing solicitor in Roehampton five minutes from me but the firm is not accepted by Clydesdale
We will our best to assist in finding you a conveyancing solicitor in Roehampton on the Clydesdale panel. Please note that the property lawyers that we work with do not pay us fee if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Roehampton. In utilising search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Roehampton.
I am looking for a conveyancing lawyer in Roehampton for my house move. Can I see a firm’s record with the legal regulator?
Anyone may search for presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The regulator could monitor telephone calls for training purposes.
We are buying a three room first floor flatin Roehampton with a residential mortgage from a lender. We wish to instruct our conveyancer in Roehampton but our lender says he's not on their "panel". Apparently we need to choose from the our lender panel solicitors or keep our Roehampton solicitor and incur the extra legals for one of their panel ones to represent our lender. We feel as though this is unjust; Can we not simply insist that our bank use our Roehampton lawyer?
Unfortunately,no. The mortgage company home loan offered to you is subject to conditions, one of which will be that lawyers will on the bank's conveyancing panel. Until recently, most mortgage companies had large numbers of law firms on their panels, including almost all conveyancing solicitors in Roehampton : 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 lawyer to apply to be on the conveyancing panel for your mortgage company.