I am expecting a offer of a home loan from Santander. I would like to retain the legal services of a Licensed Conveyancer in Stockbridge. Does the Santander Solicitor panel exclude Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
As a first time buyer what is the most important advice you can give me about purchase conveyancing in Stockbridge?
You may not hear this from too many lawyers but conveyancing in Stockbridge or throughout England and Wales is often a confrontational experience. In other words, when it comes to conveyancing there is an abundance of opportunity for confrontation between you and others involved in the legal transfer of property. E.g., the vendor, property agent and on occasion your bank. Choosing a solicitor for your conveyancing in Stockbridge is a critical decision as your conveyancer is your adviser, and is the ONLY person in the process whose interest is to protect your legal interests and to keep you safe.
We are witnessing a definite emergence in the "blame" culture- someone has to be at fault for the process being so protracted. We recommend that you should always trust your lawyer ahead of all other parties when it comes to the legal assignment of property.
My lawyer in Stockbridge is not listed on the Nationwide Building Society Approved Panel. Can I still retain my family solicitor notwithstanding that they are not on the Nationwide Building Society panel?
Your options are as follows:
- Complete the purchase with your preferred Stockbridge lawyers but Nationwide Building Society will need to instruct a conveyancer on their panel. This will inevitably rack up the overall conveyancing fees as well as result in delays.
- Choose a new practitioner to to deal with the conveyancing, not forgetting to check they are Nationwide Building Society approved.
- Try to convince your Nationwide Building Society solicitor to seek to join the Nationwide Building Society panel
We are buying a house in Stockbridge. I might seem paranoid but how we can trust a lawyer? On completion day we have to put our life savings into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
When it comes to mortgage companies such as Lloyds, do Stockbridge conveyancing practitioners face a yearly amount to be on the list of approved solicitors?
We are unaware of any mortgage company fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
I am expecting a AIP from UBS this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do UBS recommend any Stockbridge solicitors on the UBS conveyancing panel, or is it better to go independently?
You will need to appoint Stockbridge solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
I am looking into buying my first house which is in Stockbridge and I am already nervous. I couldn't find anything specific about Stockbridge. Conveyancing will be needed in due course but do you know about the Stockbridge area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Stockbridge. In the meantime here are some basic statistics that we found
My solicitors in Stockbridge have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with the mortgage company. Is it case that being on the bank conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the mortgage company Conveyancing Panel Terms. It might be worth you contacting the lender directly.