My husband and I are hoping to buy a property in Chipping Norton and are in fact using a Chipping Norton conveyancing practice. Within the past 48 hours our property lawyer has sent a preliminary report and documents to look through with the expectation that exchange is imminent. Britannia have this evening contacted us to advise us that there is now an issue as our Chipping Norton conveyancer is not on their conveyancing panel. Is this a problem?
When purchasing a property with the benefit of a mortgage it is standard for the purchasers' solicitors to also represent the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel as you are at liberty to use your preferred Chipping Norton lawyers, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
My Chipping Norton conveyancer has discovered a discrepancy when comparing the surveyor’s assumptions in the home valuation report and what is revealed within the title deeds. My lawyer says that he needs to ensure that the lender is OK with this discrepancy and is content to go ahead. Is my lawyer’s stance right?
Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
We are purchasing a house and require a conveyancing solicitor in Chipping Norton who is on the Co-operative solicitor panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Co-operative . We don't recommend any particular firms conducting conveyancing in Chipping Norton.
I used Stirling Law several years ago for my conveyancing in Chipping Norton. Now, I need the files however cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Chipping Norton of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the input of my in-laws I had a survey completed on a house in Chipping Norton in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the house. My surveyor advised that some mortgage companies will refuse to grant a loan on this type of house.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Nationwide. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chipping Norton. Conveyancing will be smoother if you use a solicitor in Chipping Norton especially if they regularly deal with such properties in Chipping Norton.
I am looking into buying my first house which is in Chipping Norton and I am already nervous. I couldn't find anything specific about Chipping Norton. Conveyancing will be needed in due course but do you know about the Chipping Norton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Chipping Norton. In the meantime here are some basic statistics that we found