I am progressing with the sale of my flat in Wigston and the EA has just text me to warn that the purchasers are switching law firm. I am told that this is due to the fact that the lender will only deal with property lawyers on their approved list. Why would a leading lender only work with certain solicitors rather the firm that they want to select for their conveyancing in Wigston ?
Banks have always had an approved set of law firms that can represent them, but in the past few years big names such as Santander, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have acted for them for decades.
Banks point to the increase in fraud by way of justification for the pruning – criteria have been stiffened as a smaller panel is easier to oversee. Banks tend not to disclose how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is hearing daily from firms that have been removed from panels. Plenty of firms are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your purchasers are unlikely to have any impact on this.
Our mortgage company has recommended a law firm on their panel based in Wigston but I would rather use a conveyancing lawyer in Wigston round the corner to me. Can you assist?
Far from all Wigston conveyancing practices are on all banks conveyancing panel. Use the above search tool to choose a Wigston conveyancing conveyancer on the on the mortgage company panel.
My partner and I are selling our property in Wigston and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. Any local lawyer would know that there is no such problem. It does beg the question why the purchasers instructed a nationwide conveyancing firm rather than a conveyancing solicitor in Wigston. We have lived in Wigston for 5 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You need to check with 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)
The deeds to my property can not be found. The solicitors who dealt with the conveyancing in Wigston 4 years ago are no longer around. What do I do?
Gone are the days when you need to have the physical official documentation to evidence that you are the owner of your registered land or property, given that the Land Registry have everything they need in a digital format.
We're FTB’s - had an offer accepted, but the property agent told us that the owners will only issue a contract if we instruct their preferred lawyers as they want a ‘quick sale’. We would rather use a family conveyancer who is familiar with conveyancing in Wigston
It is highly unlikely the sellers are behind this. Should the owner want ‘a quick sale', taking such a hostile approach to a genuine purchaser is is going to put the whole deal at risk. Bypass the agents and go straight to the owners and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are chain free (d) you intend to proceed fast (e)however you will continue to instruct your own,trusted Wigston conveyancing lawyers - rather thanthose that will earn the negotiator at the agency a commission or achieve conveyancing thresholds pre-set by corporate headquarters.
I previously informed by my mortgage company that their approved solicitors operate no sale no fee basis for conveyancing in Wigston. My purchase fell through nevertheless the lawyers want search fees! They say the fees are independent!
in offering "no move no fee" Wigston conveyancing practices are writing off their fees for any work conducted. We must stress this does not constitute an insurance scheme. you will still required to reimburse any charges that your lawyer has outlayed on your behalf for instance Wigston local authority searches