The Elm Park conveyancing firm handling our Elm Park conveyancing has discovered a difference when comparing the assumptions in the home valuation report and what is in the title deeds. My solicitor says that he needs to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my conveyancer’s course or action legitimate?
Your solicitor 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 you.
Can your site be used to find a Conveyancing solicitor in Elm Park even if I’m not purchasing or selling a house, for example if I wish to buy a shop in Elm Park with a loan from Virgin Money?
Our search tool is primarily used to locate domestic conveyancing solicitors in Elm Park but we have set out at the bottom of this page a selection of Elm Park commercial conveyancing firms. You will need to make contact with the solicitors directly to check if they can also act for Virgin Money
We wanted to use a property lawyer in Elm Park for our house purchase. Our broker has since notified us that our bank Britannia won't deal with them. Why is this not regarded as unduly restrictive?
Pre- 2008 most banks had a different appetite for risk. Almost all Elm Park conveyancing firms would have been on most lender panels. The Financial Services Authority in 2010 carried out a thematic review into mortgage fraud which come to the conclusion: know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more information from law firms regarding their operations and the individuals who work for them as well as establishing certain criteria such a completing on a minimum amount of transactions. Many Elm Park conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Elm Park is amongst the hundreds of areas where the solicitors we recommend are members of the panel for Britannia.
My wife and I are buying a property in Elm Park. It might be a silly question but how we can trust a solicitor? At some point we will need to put money 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.
Can you point me to a directory of UBS panel conveyancers in Elm Park on the UK Finance Lenders’ Handbook Website?
No. There is no such directory service on the CML or Building Society Association websites. Very few mortgage companies make their panel listings available over the internet. Where you are seeking to appoint a Elm Park conveyancer on the UBS please make the most of our facility.
Having digested plenty of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Elm Park solicitor - who is on the Virgin Money conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Virgin Money will need an independent valuation of the property. Your lawyer will not arrange this. Usually Virgin Money will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your property lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Elm Park postcode. As you are getting a mortgage with Virgin Money, you could contact them to see if they have a list of approved surveyors in Elm Park.
Given that I am about to part with hundreds of thousands of pounds on 3 bedroom house in Elm Park I would like to have a conversation with the solicitor regarding thehouse move in advance of giving the go ahead to the firm. Can this be arranged?
We could not agree more - we would be delighted to talk to you we do not take any clients on without you first talking to the solicitor who will be doing your conveyancing in Elm Park.There is no ‘factory style conveyancing’ - every client is unique individual, not a case reference. The solicitors that we put you in touch with believe that the figure you are provided with for residential conveyancing in Elm Park should be the amount on the final invoice that you are charged.
We're new on the property ladder - agreed a price, yet the selling agent advised that the owners will only move forward if we use the agent's preferred conveyancers as they want an ‘expedited deal’. We would rather use a local conveyancer with experience of conveyancing in Elm Park
We suspect that the seller is unaware of this request. Should the owner desire ‘a quick sale', turning down a genuine buyer is not the way to achieve this. Contact the owners directly and make sure they understand (a)you are motivated buyers (b)you are excited to move forward, with mortgage lined up © you have nothing to sell (d) you wish to move quickly (e)however you will continue to appoint your own,trusted Elm Park conveyancing firm - not the ones that will provide their negotiator at the agency a kickback or meet his conveyancing figures set by corporate headquarters.