My IFA has requested my Colnbrook law firm’s panel member for the Nationwide conveyancing panel. Can you suggest how I discover this. I have contacted my local Colnbrook branch but they don't know it.
The sensible thing to do is ask for this information from your Colnbrook property lawyer . They keep a central record lender panel numbers.
My wife and I swapping mortgage lender for our penthouse in Colnbrook with Barclays. We have a son approaching twenty who lives with us. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, giving up any rights in the event that the flat is forfeited by the lender. I have two concerns (1) Is this form unique to the Barclays conveyancing panel as he did not need to sign this form when we remortgaged 4 years ago (2) Does our son by signing this extinguish his entitlement to inherit the property?
On the face of it your lawyer has done nothing wrong as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Barclays. This is solely used to protect Barclays if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Barclays had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
We wanted to use a property lawyer in Colnbrook for our house move. Our broker informed us that our mortgage company Chelsea Building Society won't deal with them. Why is this not regarded as unduly restrictive?
Lenders tend to imposes restrictions either the type or the amount of conveyancing practices on their approved list of lawyers. A common example of such restriction(s) being that a firm must have two or more partners. As well as restricting the type of firm, some have reduced the number of solicitor practices they allow to represent them. You should note that Chelsea Building Society have no responsibility for the quality of advice provided by any member of Chelsea Building Society Conveyancer Panel. Mortgage fraud was a key driver in the reduction of solicitor panels a few years ago even though there remains mixed views about the level of solicitor engagement in some of that fraud. Data from the Land Registry reveal that thousands of law firms, including some in or near Colnbrook only perform a couple conveyances a year.
What tools are available to identify a Colnbrook law firm on the Barclays Direct conveyancing panel? I have wheels and am happy to travel upto 20miles to meet the conveyancer.
You can use the facility on this website. Please choose the lender and your location and you will see a number of Colnbrook conveyancing lawyers locally. We have detailed some Colnbrook conveyancing firms at the bottom of this page and you can contact them to check if they are on the Barclays Direct panel
In my capacity as executor for the will of my grandfather I am selling a residence in Neath but reside in Colnbrook. My solicitor (who is 300 kilometers awayhas requested that I execute a stat dec prior to completion. Can you recommend a conveyancing practitioner in Colnbrook to witness this legal document for me?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are Colnbrook based