My partner and I are planning to buy a home in Colindale and are in fact using a Colindale conveyancing firm. Within the last couple of days our lawyer has sent a preliminary report and documents to look through in anticipation of exchanging contracts shortly. Britannia have this afternoon contacted us to inform me that there is now an issue as our Colindale lawyer is not on their approved list of lawyers. Is this a problem?
When purchasing a property with mortgage finance it is normal 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 solicitor should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the bank's conveyancing panel as you are at liberty to use your preferred Colindale lawyers, in which case your legal fees may increase, and it will likely delay the transaction as you have another set of people involved.
Due to the encouragement of my in-laws I had a survey completed on a property in Colindale before retaining lawyers. I have been advised that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies will refuse to issue a loan on such a property.
It varies from the lender to lender. Bank of Scotland has different instructions from Nationwide. Should you wish to call us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Colindale. Conveyancing will be smoother if you use a solicitor in Colindale especially if they regularly deal with such properties in Colindale.
What is different about your site and alternative web based conveyancing brokers for conveyancing in Colindale?
At this site receive a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Colindale. Unlike many estate agents and brokerage sites we do not operate kick-back arrangements with solicitors. Some agents and online brokers 'recommend' the firm paying the highest commission, as opposed to the best value conveyancing in Colindale
I have been sourcing a conveyancing solicitor in Colindale for my sale. Can I check a solicitor's record with the legal regulator?
Anyone may search for presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find details Pre 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The regulator sometimes recorded call for training reasons.
What is the best way to find the right lawyer for my conveyancing in Colindale ?
Option 1 is to ask the people you trust who they would recommend. Option 2 is to look on the web for conveyancing in Colindale. Phone a couple or more firms from the list and ask them to email you their conveyancing estimate and discuss your needs with the solicitor who will conduct your conveyancing before you make your choice. Third is to make use of our search tool to assist you in finding the right solicitors taking into account your unique factors including location,speed, complexity and who the proposed lender is.Avoid the trap of appointing £99 conveyancing solicitors in Colindale