Do all mortgage companies provide you with an approved list of The Meadows conveyancing solicitors? How do you know who is on the Virgin Money conveyancing panel?
The Meadows conveyancing firms themselves provide us confirmation that they are on the Virgin Money conveyancing panel as opposed to being supplied with a list from Virgin Money directly.
After reading moneysavingexpert.com for a cheap solicitor in The Meadows, many say that I must use a CQS kitemarked solicitor. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in home ownership transfers, trusted by some of the UK's biggest lenders. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Legal Ombudsman. The scheme does not cover licenced conveyancers. The Meadows is one of the numerous areas of the UK where there are CQS lawyers.
I used Stirling Law a few years past for my conveyancing in The Meadows. I now require my papers but cannot find the solicitor. What do I do?
You should call 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 The Meadows of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in The Meadows differ for newly converted properties?
Most buyers of new build property in The Meadows contact us having been asked by the developer to sign contracts and commit to the purchase even before the property is built. This is because house builders in The Meadows tend to acquire 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 conveyancing solicitors 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 accustomed to new build conveyancing in The Meadows or who has acted in the same development.
What does commercial conveyancing in The Meadows cover?
Non domestic conveyancing in The Meadows covers a wide range of advice, provided by qualified solicitors, relating to business premises. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
My husband and I are selling a The Meadows ground floor flat we inherited ten years ago in 2012. I have over ten years conveyancing experience and, now retired, intend to undertake my own conveyancing. The buyer's conveyancer has informed me that their bank will not allow us to do our own conveyancing as they require the funds to be transferred to a solicitor's bank account.
Mortgage instructions to property lawyers from all CML members state that If the vendor does not have legal representation the buyer’s lawyers should check whether the mortgage company needs to be told so that a decision can be reached as to whether they are willing to move forward.