Is the fact that my solicitor in Martlesham Heath is not identified on my lender's solicitor panel that there is a problem with the quality of the firm’s conveyancing?
That would most likely be a wrong assumption to make. There are plenty of plausible explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Martlesham Heath conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
We see that you have a search directory listing solicitors on the Barclays conveyancing panel. Do companies pay you a commission if I instruct them for our conveyancing in Martlesham Heath?
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 Martlesham Heath.
My lawyer in Martlesham Heath is not on the Birmingham Midshires Solicitor Panel. Can I still use my family solicitor even though they are excluded from the Birmingham Midshires approved list?
Your options are as follows:
- Complete the purchase with your preferred Martlesham Heath lawyers but Birmingham Midshires will need to instruct a lawyer on their list of acceptable firms. This will inevitably rack up the overall legal charges as well as cause delays.
- Find an alternative practitioner to to deal with the purchase, obviously checking they are Birmingham Midshires approved.
- Try to convince your Birmingham Midshires based solicitor to attempt to join the Birmingham Midshires panel
My uncle pointed out to me me that in purchasing a property in Martlesham Heath there could be various restrictions prohibiting external alterations to the property. Is this right?
There are a number of properties in Martlesham Heath which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Martlesham Heath should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We were going to get a OIP from Leeds Building Society this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Leeds Building Society recommend any Martlesham Heath solicitors on the Leeds Building Society conveyancing panel, or is it better to go independently?
You will need to appoint Martlesham Heath solicitors independently although you'll need to choose one on the Leeds Building Society conveyancing panel. The solicitor represents both you and Leeds Building Society through the process.
About to purchase house in Martlesham Heath. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the TSB conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Martlesham Heath lawyer is on the TSB conveyancing panel.
Despite weeks of looking the Title Certificate and documents to my property are lost. The solicitors who dealt with the conveyancing in Martlesham Heath 4 years ago have long since closed. What do I do?
These day there are duplicates made of almost everything, and your conveyancer should be aware precisely where to look for all the suitable documentation so you can buy or sell your house without any difficulty. If copies can’t be found, your solicitor may be able to arrange cover in the form of insurance or indemnities protecting you against possible claims on the property.
How does conveyancing in Martlesham Heath differ for newly converted properties?
Most buyers of new build or newly converted property in Martlesham Heath approach us having been asked by the seller to exchange contracts and commit to the purchase even before the house is built. This is because developers in Martlesham Heath usually acquire 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 used to new build conveyancing in Martlesham Heath or who has acted in the same development.