Unfortunately I am unable to travel far from Surrey. Is there a reason why all Surrey conveyancers are not on all lender panels?
As unjust as it may seem for banks to restrict who can act for them, from the public’s or lawyer’s perspective, the other side of the coin is that lenders are becoming ever more anxious and feel it crucial to shield themselves against illegal activities. As a result of this concern mortgage companies have reduced their panel of approved conveyancing lawyers to a size that they are happy to control.
Can you help? My Surrey solicitor is advising me that he has toorder Surrey conveyancing searches resulting from the fact thatthe firm are on the Santanderapproved lawyer panel. Is this really necessary?
Unfortunately both you and your lawyer have little choice here. Given that you are taking out a loan with a mortgage company your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancing practitioner would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook conditions . Even if you were a cash buyer you would be ill advised not to carry out Surrey conveyancing searches.
Can I use your services to locate a Conveyancing solicitor in Surrey even if I’m not purchasing or selling a house, for example if I wish to buy a shop in Surrey with a loan from Bank of Ireland?
The service is primarily utilised to select domestic conveyancing solicitors in Surrey but we have set out towards the end of this page a few Surrey commercial conveyancing firms. You should speak with the firm directly to see if they are also authorised to represent Bank of Ireland
In researching online forums for a high-quality lawyer in Surrey, most say that I must instruct a CQS accredited solicitor. Can you explain what CQS is?
Surrey Conveyancing Quality Scheme practices have achieved accreditation under the Law Society's Scheme (CQS) The Law Society established CQS to promote high standards in the in the legal transfer of properties. CQS enables house movers to identify solicitor firms who provide a quality residential conveyancing. Surrey is one of locations in England and Wales in which CQS are based. The scheme obliges law firms to undergo a strict assessment, compulsory training, self-reporting, spot checks and yearly assessments in order to maintain CQS status. It is available to solicitors and not licensed conveyancers and has the support of the Legal Ombudsman.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Surrey?
There are many registered licenced Conveyancers in Surrey and Solicitor practices in Surrey who provide Conveyancing services We would stress that both are regulated professionals specialising in the legal aspects of the home buying process. They may both also conduct associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I'm the only recipient of my late father’s will with all property in now in my sole name, including the my former home in Surrey. The Surrey property was put into my name in February. I want to move. I understand that there is a Mortgage Lenders six month 'rule', meaning my property ownership will be treated the same way as if I'd bought the house in February. Do I have to wait half a year to sell?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. Most lenders would take a practical view as this obligation is chiefly there to capture subsales or the wholesaling and assigning of property.
About to purchase house in Surrey. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Aldermore conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Surrey lawyer is on the Aldermore conveyancing panel.
I'm remortgaging my existing property to a BTL mortgage with Yorkshire Building Society and intend to use the remaining equity as a deposit on further property. The area we are talking about is Surrey. Will your solicitors be able to act for the two banks and tie in the two deals?
Do use our search tool on this page to ensure that the solicitors are on the appropriate lender panels. On the basis that they are the conveyancer will be able to simultaneously deal with the two conveyancing matters but you should have a chat with you conveyancer and make clear your desired outcome and requirements.