I can't travel far from Bishops Castle. Is there a reason why all Bishops Castle conveyancing practitioners aren't included on all mortgage company panels?
Banks tend to impose restrictions on either the type or volume of conveyancing practices on their approved list of lawyers. Typical examples of such restriction(s) being that the firm is required to have two or more partners. As well as restricting the type of firm, some lenders made a decision to reduce the number of conveyancers they allow to represent them. It is worth noting that banks have no liability for the quality of advice given by any Bishops Castle lawyer on their approved list. Property fraud was a key driver in the reduction of solicitor panels in the last decade even though there are opposing assessments concerning whether solicitors sat at the center of that fraud. Statistics published by the Land Registry exposes that thousands of conveyancing firms only transact one or two conveyances a year. Those advocating conveyancing panel consolidation ask why law firms deserve any entitlement to be on a bank panel when it is apparent that conveyancing is not their primary expertise?
We are about to sign contracts for a semi detached house in Bishops Castle. We have hit a stumbling block. The mortgage offer with Bank of Scotland runs out on 21/6/2024 but the sellers are putting forward a completion date of 25/6/2024. Can one prolong the mortgage offer?
The best person to address this issue is your solicitors who should determine if they better off negotiating with the lender, seller’s solicitors, selling agents or conceivably all parties taking into account the circumstances your transaction to date.
We wish to acquire a 3 bedroom apartment in Bishops Castle with a loan from Barclays Direct.We have a Bishops Castle conveyancing lawyer but Barclays Direct says his firm is not listed on their "panel". We have to appoint a Barclays Direct panel lawyer or retain our preferred solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The loan offered to you contains terms and conditions, a common one being that conveyancers needs to be on the Barclays Direct approved list. Until recently, most banks had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Barclays Direct
I used Wolstenholmes several years past for my conveyancing in Bishops Castle. I now require my papers however cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 Bishops Castle of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
As co-executor for the will of my grandfather I am disposing of a house in Newport but I am based in Bishops Castle. My conveyancer (based 235 kilometers awayrequires that I sign a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing practitioner in Bishops Castle to witness this legal document for me?
strictly speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are located in Bishops Castle