Unfortunately I am unable to travel far from Tunbridge Wells. What is the rationale as to why all Tunbridge Wells solicitors are not on all lender panels?
Lenders point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud annually.The dismissal of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its conclusions included recommendations for lending institutions to review their conveyancing panels, which triggered a major policy change in the sector. This resulted in banks and building societies pruning a number of firms off their panel of approved solicitors .
How do I investigate if the solicitor conducting my conveyancing in Tunbridge Wells is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for The Royal Bank of Scotland thus paying £192.00 in additional conveyancing charges.
Feel free to take advantage of the search tool on this web page. Please choose the lender and type ‘Tunbridge Wells’ or your location and you will discover numerous conveyancers based in Tunbridge Wells or nearest you.
My partner and I are downsizing from our house in Tunbridge Wells and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any high street Tunbridge Wells lawyer would know that there is no such problem. It does beg the question why the purchasers used a national conveyancing practice as opposed to a conveyancing solicitor in Tunbridge Wells. Having lived in Tunbridge Wells for six years we know of no issue. Should we contact our local Authority to get confirmation need.
It would appear that you have a conveyancing firm already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
four months have elapsed following my purchase conveyancing in Tunbridge Wells took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I was advised by a few selling agents in Tunbridge Wells to locate a property lawyer using your seach tool. What’s the financial advantage for Estate Agents to market your site over alternative conveyancing organisations?
We don’t offer any referral fee for sending work our way. We thought it would be too underhand a fee as a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
My husband and I intend to purchase our first property in Tunbridge Wells. Conveyancing practitioner already appointed. The financial consultant pointed out that a survey is not needed as the property was only built 22 years ago.
You would be best advised to have a Home Buyer's Report. As the residence is over 10 years old the property will not benefit from a warranty, so you would be well advised not to take a risk. For a property that age with no signs of defects a Home Buyer's report may be enough. The report should highlight any apparent problems and recommend additional investigation if appropriate. Where there are any signs of problems get a comprehensive structural survey.