I am progressing with the sale of my maisonette in Rainham Kent and the EA has just e-mailed to warn that the purchasers are swapping law firm. The reason given is that the bank will only engage with solicitors on their conveyancing panel. On what basis would a big named mortgage company only engage with certain law firms rather the firm that they want to appoint to handle their conveyancing in Rainham Kent ?
Banks have always had panels of law firms they are willing to work with, but in the last few years big names such as Lloyds Banking Group, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have worked with them for more than 15 years.
Mortgage companies justify this action to a rise in fraud by way of justification for the reduction – criteria have been tightened as a smaller panel is easier to oversee. No lender will say how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is hearing daily from firms that have been removed from panels. Plenty of firms are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. The buyers are not going to have any impact on this.
At what point does exchange of contracts occur in domestic conveyancing in Rainham Kent and do I need to be at the solicitors branch?
If you are in close proximity to our conveyancing solicitors in Rainham Kent you are welcome to come in to sign contracts. That being said, the law practices we work with supply countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when communicating with you digitally. The executing of the property agreement is not the important part. A signed contract is necessary for the conveyancer to exchange contracts when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Rainham Kent)to be in the office at the appropriate time.
I am buying a house and need a conveyancing solicitor in Rainham Kent who is on the Leeds Building Society approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Leeds Building Society in certain locations such as Rainham Kent. We dont recommend any particular firm.
I need some quick conveyancing in Rainham Kent as I have an ultimatum to sign on the dotted line within 3 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are are a mortgage free buyer you have the choice not to do searches although no solicitor would recommend that you don't. With plenty of history conveyancing in Rainham Kent the following are instances of what can show up and adversely affect future saleability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Road Schemes,...
Have purchased a a detached house in Rainham Kent , What is the estimated time for the Land Registry to register my ownership? My Rainham Kent conveyancing solicitor has been very slow, so I want to be sure the land registry aspects are addressed.
There is nothing unique about conveyancing in Rainham Kent registration formalities. As opposed to being determined by geographic area, timeframes can differ subject to the party submitting the application, whether there are errors and whether the Land registry communicate with any third parties. At present in the region of 80% of submission are fully addressed in less than three weeks but some can be subject to protracted delays. Registration occurs after the purchaser has moved in to the property thus post completion formalities is not typically top priority yet where there is a degree of urgency associated with the registration then you or your solicitor could speak with the land registry and explain the circumstances.
I am looking for a conveyancing lawyer in Rainham Kent for my home move. Can I review a firm’s record with the legal regulator?
Members of the public may read documented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records Pre 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA may monitor telephone calls for training purposes.