I can't travel far from Kineton. Is there a reason why all Kineton lawyers aren't included on all lender panels?
Lenders normally restrict either the nature or the number of conveyancing solicitors on their approved list of lawyers. A common example of such restriction(s) being that a practice needs to have at least two partners. As well as restricting the type of firm, some building societies decided to limit the size of their panel they use to represent them. You should note that banks have no responsibility for the quality of conveyancing supplied by any Kineton conveyancer on their panel. Property fraud was the primary trigger for the reduction of solicitor panels from 2008 even though there are differing thoughts concerning the extent of solicitor involvement in some of that fraud. Data from HM Land Registry indicates that thousands of law practices only carry out a couple of conveyances annually. Those supporting conveyancing panel pruning question why conveyancing firms should have claim to be on a lender panel when it is evident that conveyancing is not their speciality?
We note that you have a post code search directory listing law firms on the Barclays conveyancing panel. Do companies pay you a referral fee if I instruct them for our conveyancing in Kineton?
We are a listing service only for law firms wishing to communicate if they are on the Barclays conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Kineton.
Can you clarify what the consequences are if my lawyer’s firm is suspended from the Coventry BS Conveyancing panel ahead of completing my conveyancing in Kineton?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I have todaydiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in Kineton for a purchase of a freehold house 9 months ago. How can I check that the property is registered correctly in the name of the former proprietor?
The quickest way to see if the property is in your name, 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 Kineton conveyancing specialists.
How does conveyancing in Kineton differ for new build properties?
Most buyers of new build or newly converted property in Kineton come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is completed. This is because developers in Kineton typically purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Kineton or who has acted in the same development.
How does the Landlord & Tenant Act 1954 impact my commercial offices in Kineton and how can your lawyers assist?
The particular law that you refer to affords a safeguard to commercial leaseholders, granting the a statutory right to make a request to court for a renewal lease and remain in occupation at the end of the lease term. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act for protection and handle your commercial conveyancing in Kineton