I am not in a position to travel far from Ramsey. I would like to know the understand why all Ramsey property lawyers aren't automatically on all bank panels?
Pre- 2008 most banks displayed an approach to risk which differs from the current day. The financial regulator in 2010 carried out a thematic review into mortgage fraud which concluded: know the solicitors on your panel. Consequently, mortgage companies have subsequently looked to extract more information from law firms about their operations and the individuals who work for them and set certain criteria such as completing a minimum amount of transactions. Thousands of firms have been removed from lender panels even though they had an exemplary disciplinary record, no complaints and no claims and didn't just 'dabble' in conveyancing. Such firms were never going to satisfy the criteria of amount of transactions the mortgage companies required.
Would the conveyancing solicitors via your comparison service carry out conveyancing in Ramsey by way of an attended exchange?
There are a few conveyancing experts carrying out one day exchanges. Please e-mail us to obtain a fee calculation and details as to availability.
We are looking to buy a flat and require a conveyancing solicitor in Ramsey who is on the Bank of Ireland approved panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Bank of Ireland . We don't recommend any particular firms conducting conveyancing in Ramsey.
I have a decision in principle. The bank mentioned the home loan came with free conveyancing. Is the implication that I have to use their panel solicitor as I would prefer to instruct a local conveyancing solicitor in Ramsey?
Do check but the the probability is that appoint one of their panel solicitors if you want the "fee-free" incentive. Call the lender to explore if they make available a cash alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Ramsey.
I have been told that property searches are the number one cause of stalling in Ramsey house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of hindrances in the conveyancing process. Local searches are unlikely to be the root cause of slowing down conveyancing in Ramsey.
My uncle has recommend that I appoint his conveyancing solicitors in Ramsey. Should I find my own conveyancer?
No doubt the best way to select a conveyancing solicitor is to have feedback from friends or family who have used the firm that you are contemplating using.