My husband and I are hoping to acquire a flat in Buckinghamshire and are in fact using a Buckinghamshire conveyancing practice. Within the past 48 hours our lawyer has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. Accord Mortgages Ltd have this evening contacted us to advise us that there is now an issue as our Buckinghamshire lawyer is not on their approved list of lawyers. What do we do from here?
When purchasing a property with mortgage finance it is standard for the purchasers' lawyers to also represent the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You are not legally obliged to appoint a law firm on the bank's conveyancing panel and you may continue to use your own Buckinghamshire solicitors, in which case your legal fees may increase, and it will likely delay the transaction as you have another set of people involved.
I used Stirling Law several years past for my conveyancing in Buckinghamshire. I now require my papers but cannot find the solicitor. What do I do?
You should call 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 Buckinghamshire of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Do I need to be concerned that third parties that I am dealing with are recommending a factory type conveyancing firm rather than a local Buckinghamshire conveyancing practice?
As with lots of professional services, often suggestions from relatives can be extremely useful or valuable. Yet there are lots of players in a conveyancing deal; estate agents, mortgage brokers and lenders may recommend lawyers to use. Sometimes the lawyers might be known to one of the organisations as one of the best in their field, but sometimes there exists a financial incentive behind the recommendation. You are at liberty to select your own conveyancer. Don't forget that the majority of lenders specify a panel list of solicitors you have to use for the lender aspect of your home move.
We're first time buyers - had an offer accepted, yet the estate agent informed us that the vendor will only go ahead if we appoint the agent's chosen solicitors as they are insisting on a ‘quick sale’. Our preferred option is to instruct a high street solicitor with experience of conveyancing in Buckinghamshire
It is highly unlikely the owners are behind this. Should the vendor want ‘a quick sale', taking such a hostile approach to a genuine purchaser is not the way to achieve this. Bypass the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are ready to go, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)but you are going to use your preferred Buckinghamshire conveyancing lawyers - as opposed tothose that will earn the estate agent a introducer fee or hit his conveyancing thresholds demanded by corporate headquarters.
I require the services of a bank panel solicitor in Buckinghamshire. Could you help me?
Unfortunately it’s not apparent why you need a Buckinghamshire panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the lender to find out which solicitors in Buckinghamshire are on their panel . If you do find such a firm in Buckinghamshire not listed please direct them to our site to list. After all the cost is only one £1 a month