My wife and I have recently appointed a conveyancing solicitor in Oundle. I I am struggling to find out whether they are accepted on the Coventry Building Society approved list of lawyers. Can you or the lender confirm if they are on the panel?
You should call the lawyer and enquire whether they can act for the lender. Alternatively you can call Coventry Building Society who may be able to help.
Can I be sure that the Oundle conveyancing solicitor on the Co-operative panel is any good?
When it comes to conveyancing in Oundle 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 recommend that you speak with the lawyer carrying out your transaction.
We are getting a further advance on our mortgage from Skipton as we intend to conduct improvements to our property in Oundle. Are we obliged to choose a local Oundle solicitor on the Skipton conveyancing panel to handle the legals?
Skipton don't usually appoint a member of their approved list of lawyers 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 Skipton list.
I can not fathom if my bank requires a lease extension. I have called my Oundle bank branch on numerous occasions and was told they are content with the situation and they would lend. My Oundle conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned and was told they would not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.
Provided that the property lawyer is on the mortgage company panel, she or he must comply with the CML Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I used Action Conveyancing several years ago for my conveyancing in Oundle. Now, I need my files but the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Oundle of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Oundle differ for new build properties?
Most buyers of new build premises in Oundle come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is finished. This is because developers in Oundle tend to 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 Oundle or who has acted in the same development.
Do I need to be concerned about estate agents that I am dealing with are suggesting a factory type conveyancing firm as opposed to a High Street Oundle conveyancing firm?
As is the case with many professional services, often input from relatives can be most helpful. Nevertheless there are numerous players in a conveyancing matter; estate agents, financial adviser and mortgage companies may suggest solicitors to appoint. Sometimes these solicitors might be known to one of the organisations as being good in their field, but sometimes there is an underlying commercial relationship behind the recommendation. You have the discretion to select your preferred lawyer. However, bear in mind that many lenders specify a panel list of solicitors you have to use for the mortgage related work in your conveyancing.
To what extent are Oundle conveyancing solicitors duty bound by the Law Society to supply clear conveyancing figures?
Inbuilt into the Solicitors Code of Conduct are set rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their charges to clients.The Law Society have practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not intended as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, however, represent the Law Society’s view of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Oundle or across England and Wales.