Am I correct in assuming that the fact that my solicitor in Chesterton is not identified on my mortgage company's solicitor panel that there is a problem with the quality of her conveyancing?
It would be unwise to jump to that conclusion. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Chesterton conveyancing practice and ask them why they are no longer on the approved list for your lender.
My son-in-law is buying a newly built flat in Chesterton with a mortgage from Yorkshire BS. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Yorkshire BS conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Yorkshire BS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Our bank has recommended a law firm on their panel based in Chesterton but I would rather instruct a conveyancing lawyer in Chesterton round the corner to me. Can you assist?
It is by no means the case that all Chesterton conveyancing practices are listed all banks conveyancing panel. Please make use of the above find an approved solicitor tool to locate a Chesterton conveyancing firm on the on the mortgage company panel.
I'm refinancing my primary property to a BTL mortgage with Barnsley Building Society and intend to use the remaining equity towards a second property. The area we are interested in is Chesterton. Will your conveyancers be able to act for the two lenders and tie in the transactions?
Make use of our comparison tool on this page to be sure that the solicitors are approved by both mortgage companies. Having checked that they are the solicitor should be able to simultaneously deal with the two deals but you should have a chat with you conveyancer and make clear your expectations and needs.
My brother has urged me to instruct his conveyancers in Chesterton. Do I follow his advice?
Much as we are happy to recommend a Chesterton conveyancing lawyer the best way to select a conveyancing practitioner is to get feedback from friends or relatives who have actually previously instructed the solicitor that you are are thinking of instructing.