Am I correct in assuming that the fact that my conveyancer in Paddock Wood is not listed on my lender's conveyancing panel that there is a problem with the quality of his conveyancing?
That would most likely be an incorrect assumption to make. There are all sorts of perfectly reasonable 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 solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should simply call the Paddock Wood conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
Would the conveyancing solicitors that you recommend perform attended exchange conveyancing in Paddock Wood?
We do have a number of conveyancing experts carrying out one day exchanges. Do e-mail us to secure a costs illustration and details as to availability.
Is there a search tool that I can use to investigate if the solicitor handling my conveyancing in Paddock Wood is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Ireland thus paying £175.00 in supplemental legal bill.
Please do take advantage of the find a conveyancing panel solicitor tool on this site. Pick the mortgage company and type ‘Paddock Wood’ or your location and you will be presented with numerous solicitors based in Paddock Wood or nearest you.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Paddock Wood?
There are many recorded licenced Conveyancers in Paddock Wood and Solicitor practices in Paddock Wood to choose from We would stress that the two are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. They may both also deal with other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
Have just purchased a repossessed house at auction in Paddock Wood. Conveyancing is necessary. What are my next steps?
Now that you are exchanged you now have to instruct a conveyancing lawyer as a matter of urgency as you are facing a pending deadline in which to complete the purchase. An auction property will ordinarily have an associated auction pack. This will likely include most,if not all of the paperwork that your lawyer will need. If you have purchased leasehold property the conveyancing papers may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to a leasehold property. You must pass this on to your appointed conveyancing solicitor at the earliest opportunity. Do make sure that that you have the requisite funding organised to complete on the on the contractual date .
The formalities of my purchase has taken place for my property in Paddock Wood. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. In most cases complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
I am looking for a flat up to £235,500 and found one round the corner in Paddock Wood I like with a park and transport links in the vicinity, however it only has 52 remaining years left on the lease. I can't really find anything else in Paddock Wood for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage that many years will be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
I need to instruct a conveyancing lawyer in Paddock Wood for my home move. Is there any facility to check a solicitor's record with the legal regulator?
Members of the public may see presented Solicitor Regulator Association (SRA) decisions stemming from investigations from 2008 onwards. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The regulator may monitor telephone calls for training reasons.