Am I correct in assuming that the fact that my solicitor in Darlington is not on my lender's conveyancing panel that there is a problem with the standard of his conveyancing?
That is most likely a wrong assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Darlington conveyancing firm and ask them why they are no longer on the approved list for your bank.
We see that you have a post code search directory listing solicitors on the Virgin Money conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Darlington?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Darlington.
Just had an offer accepted on a new build apartment in Darlington. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Darlington
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I decided to have a survey carried out on a house in Darlington before appointing solicitors. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some lenders may not grant a mortgage on a flying freehold premises.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Darlington. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm converting the mortgage on my existing property to a BTL loan with Santander and I will use the ballance of the raised equity as a deposit on further property. The location we are interested in is Darlington. Will your lawyers be able to act for both sets of lenders and link together the two deals?
Do use our comparison tool on this site to be sure that the solicitors are on the relevant lender panels. Having checked that they are the conveyancer will be able to simultaneously deal with the two transactions but you should talk with you solicitor and communicate your expectations and needs.
Are there any specific advantages to instructing a local lawyer in Darlington
Lots of house movers in Darlington decide on using a local conveyancing practitioner so that they can visit just in case they have concerns, and to deliver paperwork rather taking the chance of depending on the post.
There is a distinct advantage when using a conveyancer nearby to a house you are purchasing, due to the in-depth knowledge of the region and potential local concerns - yet this is debatable. Most conveyancers undertaking their communications online and could be any place in the world.