Much to our surprise we have been told by our lender that my Balsall Heath solicitor is not on the bank Conveyancing panel. How can I be certain whether this is indeed the case?
The first thing you need to do is to contact your Balsall Heath conveyancer. It is reasonable to expect your lawyer to inform you of the situation. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your bank.
As someone unfamiliar with the Balsall Heath conveyancing process what is the number one tip you can impart for the home moving process in Balsall Heath
Not many law firms shout this from the rooftops but conveyancing in Balsall Heath or throughout Birmingham is an adversarial experience. Put another way, when it comes to conveyancing there is an abundance of opportunity for friction between you and other parties involved in the house moving process. For instance, the vendor, selling agent and sometimes your mortgage company. Choosing a law firm for your conveyancing in Balsall Heath an important selection as your conveyancer is your adviser, and is the SOLE person in the process whose role it is to protect your legal interests and to keep you safe.
Every so often a potential adversary may try and persuade you that you should follow their advice. For instance, the estate agent may claim to be assisting by suggesting your lawyer is dragging his heels. Or your financial adviser may tell you to do something that is contrary to your conveyancers guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
The Balsall Heath conveyancing solicitors that I recently instructed on my purchase in Balsall Heath have without warning shut down. They were on acting for me because I needed a firm on the Nottingham conveyancing panel and my family Balsall Heath lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What should be my next steps?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Nottingham conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
I used Wolstenholmes a few years past for my conveyancing in Balsall Heath. Now, I need my files but cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Balsall Heath of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have instructed a Balsall Heath conveyancing solicitor for our home move (first time buyers) and have noticed in the engagement letter that they are not governed by the Financial Conduct Authority. Am I right to be worried or is that usually the case with property lawyer?
We can't see why they should be. Most lawyer don't lend money. You should check that they are governed by the SRA, who set strict stipulations regulating monies deposited by them.