Finally the sale completed on my house in Temple Fortune last June but the buyer keeps telephoning me to moan that their conveyancer needs to hear from myconveyancer. What should have happened now that I have sold?
Following your disposal your lawyer is obliged to forward the transfer deeds and all of the paperwork to the purchaser's conveyancer. Where appropriate, your solicitor must also confirm that the home loan has been discharged to the buyers conveyancers. There are no post completion tasks just for conveyancing in Temple Fortune.
Please explain the implications if my solicitor is removed from the Kent Reliance Solicitor panel ahead of completing my conveyancing in Temple Fortune?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Are all Temple Fortune Conveyancing Quality Solicitors on the Santander conveyancing list of approved practices?
Some major lenders now make use of CQS as the kick off point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their panels.
How can we tell if a Temple Fortune conveyancing solicitor on the Virgin Money panel is any good?
When it comes to conveyancing in Temple Fortune obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor carrying out your transaction.
The formalities of my purchase has taken place for my property in Temple Fortune. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. In most cases complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
How does conveyancing in Temple Fortune differ for new build properties?
Most buyers of new build residence in Temple Fortune come to us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is finished. This is because developers in Temple Fortune tend to buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Temple Fortune or who has acted in the same development.
I have been sourcing a conveyancing lawyer in Temple Fortune for my remortgage. Is it possible to check a firm’s complaints history with the legal regulator?
Members of the public may find documented Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Visit Check a solicitor's record. For records Pre 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator could recorded telephone calls for training requirements.
Builders have suggested I use a conveyancing practitioner and I've obtained an estimate from them. It's nearly two hundred pounds cheaper than my own Temple Fortune conveyancing practitioner. What's the catch?
Builders frequently have lists of lawyers who expedite matters and who know the builder's contract and lawyer. Plenty of developers offer an inducement to choose a preferred property lawyer for this reason, any increased charges can be avoided and a developer will not recommend a conveyancing warehouse and run the risk of having the conveyancing delayed when they demand an exchange in 28 days. The argument for not opting for the recommended conveyancing practitioner is that they may be hesitant to 'push' your interests at the risk of upsetting the housebuilder. If you worry that this may be the situation you should remain with your local Temple Fortune solicitor.