I am not well enough to travel far from Lake. Please spell out why all Lake conveyancing practitioners aren't automatically on all bank panels?
As unjust as it may appear for lenders to restrict who can act for them, from the public’s or conveyancer’s point of view, the other side of the coin is that lending institutions are becoming ever more anxious and feel it crucial to shield themselves from mortgage fraud. As a result of this concern mortgage companies are limiting their panel of approved conveyancing lawyers to a manageable size.
We were just about to sign contracts for a freehold house in Lake. We encountered a problem. Our mortgage offer with Virgin Money expires on 27/3/2025 but the vendors are insisting on a completion date of 31/3/2025. Is it possible to prolong the loan expiry date?
The person best placed to address this question is your conveyancer who is in a position to calculate if he or she is corresponding with the mortgage broker, seller’s solicitors, selling agents or possibly all parties based on what has gone on in your house move to date.
Can I be sure that the Lake conveyancing solicitor on the Virgin Money panel is any good?
When it comes to conveyancing in Lake obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always suggest that you speak with the solicitor handling your transaction.
I have paid off my mortgage with Skipton. I assume I don't need a Lake lawyer on the Skipton panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Skipton mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Skipton mortgage from the register. Skipton, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Skipton has sent the Land Registry the discharge electronically, and
- Skipton has instructed the Land Registry to do so
Completion of my remortgage has taken place for my property in Lake. Conveyancing was of an acceptable standard but I would like to complain about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
My colleague advised me that if I am purchasing in Lake I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually quoted for as part of the standard Lake conveyancing searches. It is not a small report of about 40 pages, listing and detailing important information about Lake around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Lake Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data concerning Lake.
I need to appoint a conveyancing solicitor for some conveyancing in Lake. I happened to land on a site which appears to be the perfect answer If it is possible to get all this stuff completed via email that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Me and my partner have recently had an offer agreed on a property and had meeting on Wednesday with Nationwide for the mortgage. They have informed us that when it comes to selecting a conveyancer that if they are not on their approved panel of conveyancers then we will incur a further fee of about two hundred pounds. This is is due to the fact that they will then have to instruct a solicitor to act on their behalf as well as the one we select for ourselves and we are liable for their invoice. I have asked Nationwide to supply me with a list so I can obtain estimates only from their approved solicitors but was told that I need to check with each individual conveyancer to see if they are on the panel. What would be the best way of going about this?
You should ask Nationwide what their criteria for joining their panel is for a conveyancer.Then ask the conveyancer of your choice whether they fit that criteria and have they acted on mortgages for Nationwide previously. Where the answer to those is yes, then just double check with Nationwide. Alternatively please utilise our search tool and we may be able to find you a conveyancer in Lake on the approved list for Nationwide.