I am getting a mortgage offer from Lloyds. I would like to employ the services of a Licensed Conveyancer in West Thurrock. 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 Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
we are a couple who are purchasing a purpose built flat in West Thurrock with a homeloan from Platform Home Loans Ltd.We have a West Thurrock conveyancing practitioner but Platform Home Loans Ltd advised that he's not listed on their "panel". It seems we are left with little choice but to instruct a Platform Home Loans Ltd panel solicitor or retain our preferred solicitor and pay for a Platform Home Loans Ltd panel lawyer to represent them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The home loan issued to you contains terms and conditions, one of which will be that lawyers must be on the Platform Home Loans Ltd approved list. in the past, most lenders had large numbers of solicitors on their panels: a borrower could find 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 Platform Home Loans Ltd
Is it the case that all West Thurrock conveyancing solicitors on the Co-operative conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Co-operative approved list of solicitors they would need to be overseen by the SRA. Some banks do allow licenced conveyancers on their panel and in that case the organisation would be governed by the CLC.
The formalities of my remortgage has taken place for my property in West Thurrock. Conveyancing was of an acceptable standard but I would like to complain about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I recently had an offer accepted on an apartment in West Thurrock. My financial adviser recommended their conveyancers. I paid an advanced payment of £225. A couple of days later, the conveyancer called me sheepishly admitting that they were not on the TSB 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 TSB 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 know that there are debates on Chancel Insurance on online forums. Do I require this when buying a house in West Thurrock? or I am told that there is a law dating back centuries that could mean that owners of property residing in a parish church boundary will be compelled to pay for maintenance towards the chancel within the church. Is this relevant for conveyancing in West Thurrock?
Unless a previous purchase of the property completed after 12 October 2013 you could assume that lawyers carrying out conveyancing in West Thurrock to continue to recommend a chancel search and or insurance against a claim.
I'm refinancing my current house to a buy to let mortgage with Barclays and intend to use the remaining equity as a deposit on a second property. The area we are looking at is West Thurrock. Will your lawyers be able to act for the two lenders and tie in the conveyances?
Do use our search tool on this site to check that the solicitors are on the appropriate lender panels. On the basis that they are your solicitor will be able to tie up the two transactions but you should have a chat with you conveyancer and specify your expectations and needs.
I have read on various consumer advice websites that when selecting a conveyancing solicitors they need approved by your mortgage company. This is my first home move but I have an offer in principle from Santander and I already have a family conveyancing lawyer in West Thurrock in place. Will Virgin Money require an approved solicitor to be selected? If so, where do I find that list for my conveyancing in West Thurrock?
You should use a solicitor that is on the Virgin Money panel. Just ring your preferred West Thurrock conveyancing lawyer and ask if they are on the Virgin Money panel. If they are not on the panel you have numerous options open to you here:
- Carry on with your existing West Thurrock solicitor but Virgin Money will undoubtedly use a conveyancing practitioner from their approved list. This will result in additional fees and likely frustration.
- Appoint a new solicitor to act in the purchase, obviously checking they are on the Virgin Money conveyancing panel.
- Appeal to your property lawyer to seek to join the bank panel.