Unfortunately I am unable to travel far from Kegworth. Please spell out why all Kegworth lawyers are not on all bank panels?
Lenders tend to restrict either the type or the number of conveyancing solicitors on their approved list of lawyers. Typical examples of such criteria being that a firm is required to have two or more partners. As well as restricting the nature of firm, some banks decided to limit the number of conveyancers they permit to represent them. It is worth noting that mortgage companies have no liability for the standard of conveyancing provided by any Kegworth conveyancing practitioner on their approved list. Increases in mortgage fraud was the main trigger for the culling of conveyancing panels in the last decade notwithstanding that there are differing points of view about whether solicitors sat at the center of that fraud. Data via the Land Registry exposes that thousands of conveyancing organisations only transact less than three conveyances a year. Those vindicating conveyancing panel consolidation question why law firms deserve the right to be listed on a lender panel when it is evident that property law is not their speciality?
My fiance and I intend to remortgage our maisonette in Kegworth with Kent Reliance. We have a son 19 who lives at home. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the flat is repossessed. I have a couple of questions (1) Is this form unique to the Kent Reliance conveyancing panel as he did not need to sign this form when we remortgaged 4 years ago (2) Does our son by signing this compromise his entitlement to inherit the property?
First, rest assured that your Kent Reliance conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Kent Reliance. This is solely used to protect Kent Reliance if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Kent Reliance had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
Our bank has recommended a law firm on their panel based in Kegworth but I would rather choose a conveyancing lawyer in Kegworth or nearer to where I live. Are you able to help?
The minority of Kegworth conveyancing practitioners are approved and listed on all lender’s conveyancing panel. Please make the most of our search tool to find a Kegworth conveyancing solicitor on the on the bank panel.
I have todaydiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in Kegworth for a purchase of a leasehold apartment 12 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 check if the property is registered to you, 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 Kegworth conveyancing specialists.
Taking into account that I will soon spend hundreds of thousands of pounds on a garden flat in Kegworth I wish to have a conversation with the lawyer concerning theconveyancing prior to instructing the firm. Is this something that you can arrange?
Absolutely - we would be pleased to talk to you we do not take any clients on without you first talking to the lawyer who will be doing your property ownership legalities in Kegworth.There is no ‘factory style conveyancing’ - each client is an important person, not a case number. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Kegworth should be the figure that you are charged.
How much experience do your Kegworth conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Kegworth conveyancing lawyers help thousands of people move home every year and supported plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Kegworth conveyancers have worked on recent similar matters.