I am nearing exchange of contracts for my ground floor flat in Blaina and the EA has just telephoned to say that the purchasers are switching law firm. The excuse is that the mortgage company will only work with solicitors on their conveyancing panel. Why would a major lender only engage with specific solicitors rather the firm that they want to choose for their conveyancing in Blaina ?
Banks have always had an approved set of law firms they are content to work with, but in recent years big names such as Nationwide, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have acted for them for decades.
Lending institutions justify this action to a rise in fraud by way of justification for the cull – criteria have been tightened as a smaller panel is easier to keep an eye on. No lender will say how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is hearing daily from firms that have been removed from panels. Some are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your purchasers are not going to have any impact on this.
My partner and I are buying our first home. The solicitor has messagedto check if we would like to purchase supplemental conveyancing searches. Frankly we in the dark as to what's appropriate for conveyancing in Blaina
The scope of Blaina conveyancing searches depends entirely on the premises, the location, the likelihood of any of these risks, your familiarity of the area and risks, your overall attitude to risk. What is important is that you properly understand what information each search could supply. Then you can decide if you consider that you need that search. Where you are unsure, ask your property lawyer to advise.
I used Stirling Law several years past for my conveyancing in Blaina. Now, I need my files but the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracing 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 Blaina 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.
How simple is it to change solicitor as I need to retain one who is on the Nottingham Building Society conveyancing panel. I had appointed a local conveyancing solicitor in Blaina five minutes from me but she is not accepted by Nottingham Building Society
We will our best to assist in finding you a conveyancing solicitor in Blaina on the Nottingham Building Society panel. Please note that the law firms that we list do not pay us fee if you instruct them and are under regulation of the SRA who oversee all conveyancing solicitors in Blaina. In utilising the find a conveyancing solicitor tool on this website, you can contrast fees for conveyancing solicitors in Blaina and throughout England and Wales.
I have been recommended a conveyancing solicitor in Blaina. I need to find out if they are listed on the bank's conveyancing panel. Could you advise?
It’s a good idea phone your lawyer to check if they are on the bank's panel. If that does not help get in touch with us and we can make some checks for you. Should the firm not be on the lender panel we can certainly arrange a specialist conveyancing solicitor in Blaina on the approved list for your mortgage company.