I am obtaining a offer of a home loan from Lloyds. My intention is to employ the services of a Licensed Conveyancer in Verwood. Does the Lloyds Conveyancing panel allow for Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
We are purchasing our first home. The conveyancer has calledto ask if we want to order additional conveyancing searches. We are really unsure what's necessary for conveyancing in Verwood
The number and type of Verwood conveyancing searches depends primarily on the premises, the location, the possibility of any of these risks, your knowledge of the area and risks, your overall attitude to risk. What is important is that you adequately comprehend what information each search could provide. Then you can decide if you consider that you need that information. Should you be in doubt, ask your property lawyer to recommend.
We are looking to buy a property and need a conveyancing solicitor in Verwood who is on the Nationwide solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nationwide . We don't recommend any particular firms conducting conveyancing in Verwood.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Verwood. My lender is Virgin
Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 22/7/2024, the requirements read as follows :
Taking into account that I am about to spend 450k on a garden flat in Verwood I would like to have a conversation with the lawyer regarding thehome move before giving the go ahead to the firm. Is this something that you can arrange?
Absolutely - we would be delighted to talk to you we do not take any clients on without you liaising with the conveyancer who will be carrying out your conveyancing in Verwood.There is no ‘factory style conveyancing’ - every client is an important person, not a matter number. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Verwood should be the amount on the final invoice that you end up paying.
We have appointed a Verwood conveyancing solicitor for our house purchase (novice purchasers) and have picked up in the Ts and Cs that they are not regulated by the Financial Conduct Authority. Am I right to be concerned or is that the norm with conveyancing practitioner?
We can't see why they should be. Most conveyancer don't lend money. They will be regulated by the Solicitors Regulation Authority, who dictate strict rules covering amounts held by them.