Unfortunately I am unable to travel far from Nailsea. What is the rationale as to why all Nailsea property lawyers aren't automatically on all mortgage company panels?
Before the recession most lenders exhibited an attitude to risk which differs from the current day. The Financial Services Authority in 2010 carried out a thematic review into mortgage fraud which concluded: know the property lawyers on your panel. Accordingly, mortgage companies have subsequently requiredmore data from law firms regarding their processes and the staff who work for them and set certain criteria such as completing a minimum volume of transactions. Hundreds of law practices have been removed from lender panels even though they had an exemplary track record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Many firms were never going to satisfy the criteria of volume of transactions the lenders insisted on.
We see that you have a post code search directory listing solicitors on the Aldermore conveyancing panel. Do companies pay you a referral fee if I retain them for our own conveyancing in Nailsea?
We are a listing service only for law firms wishing to communicate if they are on the Aldermore conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Nailsea.
My wife and I have recently appointed a conveyancing solicitor in Nailsea. I I am struggling to find out whether they are accepted on the HSBC Bank approved list of lawyers. Can you advise?
The first thing to do is e-mail the solicitor and enquire if they can act for the bank. Otherwise you should call HSBC Bank who may be able to assist.
My relative recommended that where I am purchasing in Nailsea I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Nailsea conveyancing searches. It is a large report of more than thirty pages, listing and detailing important information about Nailsea around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Nailsea Education with maps and statistics, Local Amenities and other useful data concerning Nailsea.
I have todaydiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in Nailsea for a purchase of a leasehold flat 9 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The quickest method to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Nailsea conveyancing specialists.