Are the BSA intent on creating a search tool with a view to to identify solicitors on the Darlington Building Society conveyancing panel for example in Newcastle under Lyme?
Lexsure has not been advised of any intention on the part of the BSA to promote such a search facility.
Does a directory service exist listing Virgin Money panel solicitors in Newcastle under Lyme on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. Very few lending institutions make their panel listings open the public on the web. Where you are looking for a Newcastle under Lyme solicitor on the Virgin Money please use our facility.
Completion of my remortgage has taken place for my property in Newcastle under Lyme. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Our offer on a property in Newcastle under Lyme has been accepted, the sellers do however have a tied purchase. The owners have offered on somewhere, however it’s not yet agreed to, and have viewings of other flats in the pipeline. I have chosen a local conveyancing solicitor in Newcastle under Lyme. What should be my next step? At what stage do I apply for the mortgage with TSB?
It is normal to have concerns where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is in the region of £1k, then valuation, Newcastle under Lyme conveyancing search fees, etc). First, you should check that your solicitor is on the TSB approved list. As to the next steps this very much dictated by the specifics of your transaction, motivation for this property and on the state of the market. During a hot market some buyers will apply for the mortgage with TSB and pay for the valuation and only if it was satisfactory would they pay their lawyer to proceed with searches.
I have been told that property searches are the primary reason for stalling in Newcastle under Lyme house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure within the common causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of delay in conveyancing in Newcastle under Lyme.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. Newcastle under Lyme is where the house is located. What do you suggest?
Flying freeholds in Newcastle under Lyme are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Newcastle under Lyme you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Newcastle under Lyme may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am looking for a conveyancing lawyer in Newcastle under Lyme for my sale. Can I review a firm’s complaints history with the legal regulator?
You may review documented Solicitor Regulator Association (SRA) determinations resulting from inquisitions started on or after 1 January 2008. Go to Check a solicitor's record. To find information Pre 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The regulator could monitor call for training purposes.
How up-to-date is your database of lawyers on the lender conveyancing panel in Newcastle under Lyme? Do the lenders send you an updated list?
Newcastle under Lyme firms and firms carrying out conveyancing in Newcastle under Lyme themselves provide us confirmation that they are on the bank conveyancing panel as opposed to being supplied with a list from the mortgage company directly.