I can't travel far from Bedmond. What is the rationale as to why all Bedmond lawyers aren't automatically on all lender panels?
Lenders point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The elimination 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 lenders to review their conveyancing panels, which triggered a major policy change in the sector. It led to mortgage companies culling less reputable firms from their panel of approved conveyancers .
My lawyer has discovered a defect with the lease for the apartment we are buying in Bedmond. The other side have offered title insurance as a workaround. We are happy with insurance and will cover the costs. Our solicitor has advised that he must be satisfied that the bank is content with this solution. Are we the client or is the lender?
Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. The appropriate lender provisions have to be complied with.
I am planning on selling our home in Bedmond and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any high street Bedmond conveyancer would know this is not the case. For the life of me I don't know why the purchasers instructed a factory type conveyancing outfit rather than a conveyancing solicitor in Bedmond. Having lived in Bedmond for three years we know of no issue. Should we get in touch with our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer currently acting for you. Are they able to advise? You need to 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 sickness)
I have recentlydiscovered that Arc property Solicitors have been shut down. They carried out my conveyancing in Bedmond for a purchase of a freehold house 9 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The quickest method to see if the premises is registered to you, you can make 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 Bedmond conveyancing specialists.
I am downsizing from my house. My previous conveyancers have shut. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Bedmond if that affects matters.
Please use our search tool to help you find a solicitor for your conveyancing in Bedmond. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I am 3 weeks into a freehold purchase having been referred to a firm by the selling agent to do our conveyancing in Bedmond. I am am extremely disappointed with the level of service. Could you you assist me in finding new solicitors?
A lawyer would need to be very poor to suggest diss instructing them. Has the mortgage been issued? In the event that it has you need to inform them of the new conveyancer and ensure the offer are re-issued. Your solicitor ideally needs to be on the lenders panel to avoid escalating charges and complications. So that should be your first question of the new solicitors. The search tool will help you find a lender approved lawyer for your home move in Bedmond