Me and my fiance are buying a 2 bedroom apartment in Nantwich with a mortgage. We have a Nantwich conveyancer, but the bank advise he's not on their "panel". We have to appoint one of the lender panel solicitors or continue with our Nantwich property lawyer as well as pay for one of their panel ones to act for them. This seems very unfair; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Nantwich conveyancing lawyer to apply to be on the conveyancing panel.
I sincerely hope you can assist me. My Nantwich lawyer is informing me me that he is legally obliged toconduct Nantwich conveyancing searches asthe firm are on the Nat Westconveyancing panel. These Nantwich searches cost a lot of money can this be avoided?
Unfortunately both you and your lawyer have little choice here. Given that you are taking out a loan with a lender your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancing practitioner would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to follow the CML Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Nantwich conveyancing searches.
Can I use your services to recommend a Conveyancing solicitor in Nantwich even where I’m not purchasing or disposing of a house, for instance if I intend to buy a shop in Nantwich with a loan from National Westminster Bank?
Our search tool is mainly there to help choose residential conveyancing solicitors in Nantwich but we have listed at the end of this page some Nantwich commercial conveyancing firms. You should enquire with the solicitors directly to check if they can also act for National Westminster Bank
Can you point me to a directory of UBS panel conveyancers in Nantwich on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such directory service on the CML or Building Society Association sites. Very few mortgage companies make their panel listings viewable online. Where you are seeking to appoint a Nantwich solicitor on the UBS please use our facility.
My partner and I have arranged the release of further funds on our mortgage from Yorkshire BS as we intend to carry out alterations to our house in Nantwich. Do we need to select a bricks and mortar Nantwich solicitor on the Yorkshire BS conveyancing panel to handle the paperwork?
Yorkshire BS would not normally require firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Yorkshire BS conveyancing panel.
We have agreed to purchase a house in Nantwich. A rare aspect is that the roof has a solar panel. UBS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with UBS your lawyer must check the formal requirements contained in Section 2 of UK Finance Lenders’ Handbook for UBS. The CML Handbook includes minimum requirements for solar panel roof-space leases, and property lawyers are required to report to UBS where a lease fails to satisfy these specifications. The provisions relate to the installation of panels on properties nationwide and is not limited to Nantwich.
Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when acquiring a property in Nantwich?
Unless a previous purchase of the house completed post 12 October 2013 you may expect solicitors conducting conveyancing in Nantwich to remain encouraging a chancel search and or insurance against a claim.
I have been sourcing a conveyancing lawyer in Nantwich for my house move. Is it possible to see a firm’s record with the profession’s regulator?
Anyone may see documented Solicitor Regulator Association (SRA) determinations resulting from investigations started on or after 1 January 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA could recorded telephone calls for training reasons.