Is the fact that my conveyancer in Swadlincote is not listed on my mortgage company's conveyancing panel that there is a problem with the standard of the firm’s work?
It would not be wise to jump to that conclusion. There are plenty of reasonable explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Swadlincote conveyancing firm and ask them why they are no longer on the approved list for your lender.
Our god-son is buying a new build apartment in Swadlincote with a mortgage from Clydesdale. His lawyer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Clydesdale conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Clydesdale conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
When will exchange of contracts occur in domestic conveyancing in Swadlincote and do I need to attend the conveyancers office?
If you are local to one of the conveyancing solicitors in Swadlincote you are welcome to come in to sign documents. That being said, the lender approved solicitors we work with provide a countrywide conveyancing service and give just as comprehensive and professional a job for you when communicating with you by post or email. The executing of the property agreement is not the critical part. A signed contract is necessary for the conveyancer to exchange contracts at the appropriate time, which is ordinarily shortly after signing. The procedure 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 Swadlincote)to be in the office at the appropriate time.
My Solicitor in Swadlincote has never been on on the Nationwide Building Society Approved Panel. Is it possible for me to continue with my prefered solicitor notwithstanding that they are not on the Nationwide Building Society list of approved lawyers?
Your options are as follows:
- Carry on with your preferred Swadlincote lawyers but Nationwide Building Society will need to retain a conveyancer on their panel. This will result in additional overall conveyancing fees as well as result in frustration.
- Get an alternative lawyer to act in the conveyancing, obviously checking they are Nationwide Building Society approved.
- Persuade your Nationwide Building Society solicitor to attempt to join the Nationwide Building Society panel
What tools are available to identify a Swadlincote law firm on the Platform Home Loans Ltd conveyancing panel? I have a car and am happy to travel upto 20kilometers to meet the solicitor.
Feel free to make use of the facility on this page. Please choose the mortgage company and your location and you will see a number of Swadlincote conveyancing lawyers located nearest you. We have listed some Swadlincote conveyancing firms towards the end of this page and you can call them to see if they are on the Platform Home Loans Ltd member panel
My uncle has suggested that I use his lawyers for conveyancing in Swadlincote. Should I use them?
No doubt the best way to select a conveyancing lawyer is to seek guidance from friends or family who have experience in using the conveyancer that you are contemplating using.