How up to date is your search tool for Archway conveyancing solicitors on the Virgin Money conveyancing panel? Do Virgin Money send you an updated list?
Archway 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.
Our bank has recommended solicitors on their panel based in Archway but I would rather use a conveyancing lawyer in Archway local to me. Can you help?
The minority of Archway conveyancing practices are approved and listed on all banks conveyancing panel. Use our find an approved solicitor tool to locate a Archway conveyancing solicitor on the on the bank panel.
Me and my partner are buying a house in Archway. I might seem paranoid but how we can trust a solicitor? At some point we will need to send our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am the single beneficiary of my late mum's will with all property in now in my sole name, including the my former home in Archway. The Archway property was put into my name in December. I now wish to sell up. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my property ownership may be considered the same way as if I'd bought the house in December. Do I have to wait half a year to sell?
The CML handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be caught by that. Most lenders would take a pragmatic view as this provision primarily exists to capture the purchase and immediately sell or the flipping of property.
is it true that all Archway conveyancing solicitors on the Kent Reliance conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Kent Reliance approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. Many banks do list licenced conveyancers on their panel and in such a situation the firms would be regulated by the CLC.
I have recentlydiscovered that Wolstenholmes have been shut down. They conducted my conveyancing in Archway for a purchase of a freehold house 9 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The quickest method to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Archway conveyancing specialists.
My husband and I are new to the buying process - agreed a price, yet the property agent informed us that the owners will only proceed if we appoint their recommended solicitors as they want a ‘quick sale’. We would rather use a family conveyancer accustomed to conveyancing in Archway
We suspect that the owner is not behind this demand. If they desire ‘a quick sale', taking such a hostile approach to a genuine purchaser is not the way to achieve this. Try to communicate with the sellers directly and make the point that (a)you are motivated buyers (b)you are ready to progress, with finances in place © you are unencumbered (d) you wish to move quickly (e)but you will continue to instruct your own,trusted Archway conveyancing firm - not the ones that will give their estate agent a referral fee or achieve conveyancing thresholds pre-set by senior management.
We are expecting to exchange buying a house in Archway but as a consequence of wreckage from the recent storms I have negotiated compensation from the seller of £2k in the form of a deduction in the price. I had intended this to be addressed as part of the conveyancing process however the mortgage company will not agree to this. Why were they involved?
Your conveyancer being on the bank approved list is required to disclose to the lender of any amendments to the purchase amount. In the event that you prohibit your solicitor to notify the reduction to your mortgage company then they would have no choice but to refrain from representing you and the lender.