I am not well enough to travel far from Chorlton. Is there a reason why all Chorlton lawyers are not on all mortgage company panels?
Before the recession most banks demonstrated an approach to risk which is different than today. The Financial Services Authority in 2010 carried out a thematic review into fraud which concluded: know the conveyancing practitioners on your panel. Consequently, banks have subsequently looked to extract more data from law firms regarding their processes and the staff who work for them and set certain criteria such as completing a minimum number of transactions. Thousands of law practices have been excluded from lender panels even though they had an exemplary disciplinary record, no complaints and no claims and didn't just 'dabble' in conveyancing. Many firms found it impossible meet the criteria of volume of transactions the mortgage companies insisted on.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Chorlton. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 12/7/2019, the requirements read as follows :
I need some fast conveyancing in Chorlton as I am faced with pressure to exchange contracts in less than 4 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are not obtaining a home loan you have the choice not to have searches carried out although no law firm would suggest that you don't. With lots of history conveyancing in Chorlton the following are instances of issues that can arise and adversely affect market value: Refused Planning Applications, Overdue Fees, Overdue Grants, Unadopted Roads,...
I used Stirling Law a few years past for my conveyancing in Chorlton. Now, I need the files but the law firm is no longer operating. 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 Chorlton of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I decided to have a survey carried out on a property in Chorlton ahead of appointing conveyancers. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies may not grant a loan on a flying freehold home.
It varies from the lender to lender. Santander has different requirements for example to Nationwide. If you contact us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Chorlton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Chorlton to see if the conveyancing will be more expensive.