I am not in a position to travel far from Raynes Park. What is the rationale as to why all Raynes Park lawyers aren't automatically on all mortgage company panels?
Banks point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The elimination of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its conclusions included recommendations for lenders to review their conveyancing panels, which triggered a major policy change in the sector. It led to lenders purging a number of firms from their official list of approved solicitors .
Do the Building Society Association intend to launch a searchable register to to identify firms on the Earl Shilton BS conveyancing panel for instance in Raynes Park?
We would not expect to be advised of any plans on the part of the BSA to develop such a register.
I just acquired a house at auction in Raynes Park. Conveyancing is required. What are my next steps?
Given that you have now legally bound yourself to purchase you should find a conveyancing lawyer soon as you are facing a fast approaching a fixed date to complete the property. All auction property will have a corresponding auction pack. This should include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the auction pack may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You must give this to the conveyancer working for you as soon as possible. You also need to ensure that that you have the requisite funding organised to complete the transaction on the set completion date.
Is it the case that all Raynes Park solicitor practices on the Leeds Building Society conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Leeds Building Society conveyancing panel they would need to be governed by the SRA. Many mortgage companies do list licenced conveyancers on their panel in which case such practice would be governed by the Council of Licensed Conveyancers.
I have instructed a Raynes Park solicitor having checked that they are on the Coventry BS conveyancing panel. Does my lawyer arrange the survey of the property?
Coventry BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Coventry BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Raynes Park surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
The deeds to my house are lost. The conveyancers who conducted the conveyancing in Raynes Park 4 years ago no longer exist. What do I do?
As long as you have a registered title the information relating to your proprietorship will be recorded by the Land Registry under a Title Number. It is easy to carry out a search at the Land Registry, identify your property and obtain current copies of the property title for a small fee. If the title is Leasehold then the Land Registry will usually retain a file copy of the Registered Lease and again, a copy can be obtained for a small fee.
I am selling my house. My past lawyers have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Raynes Park if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Raynes Park. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I am one month into a leasehold purchase having been directed to conveyancers by the estate agent to do our conveyancing in Raynes Park. I am am very dissatisfied with the quality of service. Could you help me find new conveyancers?
A solicitor would need to be very bad to suggest changing them. Has your mortgage been issued? In the event that it has you need to make them aware of the new conveyancer and have the offer are issued to the new lawyers. Your new solicitor ideally should be on the mortgage company approved list to avoid supplemental costs and delays. So that should be your starting point. The search tool will help you find a lender approved conveyancer for your home move in Raynes Park