Are all Paddock Wood Conveyancing Quality Solicitors on the TSB conveyancing panel?
Some major banks and building societies now make use of the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of firms.
I had a mortgage agreed in principle with Kent Reliance. Paddock Wood conveyancing solicitors have been instructed. What is the average time that one could expect to receive a mortgage offer from Kent Reliance?
Some lenders take longer than others. Have Kent Reliance done the valuation? Have you informed Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am expecting a OIP from Nationwide this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nationwide recommend any Paddock Wood solicitors on the Nationwide conveyancing panel, or is it better to go independently?
You will need to appoint Paddock Wood solicitors independently although you'll need to choose one on the Nationwide conveyancing panel. The solicitor represents both you and Nationwide through the process.
What will a local search tell me regarding the property I am purchasing in Paddock Wood?
Paddock Wood conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations such as Searchflow The local search is essential in every Paddock Wood conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your property. The search should reveal information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
It has been four months following my purchase conveyancing in Paddock Wood concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm converting the mortgage on my primary home to a BTL loan with Aldermore and I will use the rest of the raised equity towards further property. The area we are interested in is Paddock Wood. Will your lawyers be able to act for both sets of banks and link together the two deals?
Do use our comparison tool on this page to be sure that the solicitors are approved by both mortgage companies. Having checked that they are your lawyer will be able to connect the two transactions but you should have a chat with you conveyancer and communicate your expectations and needs.
I have been sourcing a conveyancing lawyer in Paddock Wood for my home move. Is there any facility to see a solicitor's record with the legal regulator?
Members of the public can read presented Solicitor Regulator Association (SRA) determinations resulting from investigations commenced on or after Jan 2008. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator could recorded telephone calls for training reasons.
My partner and I have just had an offer accepted on a property and had an appointment on Wednesday with Leeds Building Society for the mortgage. They warned me that when it comes to selecting a property lawyer that unless they are on their approved list of conveyancers then we will have to pay out a further charge of £200. This is because they would then have to instruct a property lawyer to act for them as well as the one we choose to act for ourselves and we assume responsibility for their costs. I have requested Leeds Building Society to send me with a list so I can request 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. Is there a simple way of finding out who is on a lender panel?
Ask Leeds Building Society what their criteria for panel membership is for a conveyancer.Then ask the lawyer of your choice whether they fit that criteria and have they acted on mortgages for Leeds Building Society in the past. Where the answer to those is yes, then just double check with Leeds Building Society. Alternatively please use our search tool and we should be able to identify a conveyancing practitioner in Paddock Wood on the approved list for Leeds Building Society.