I am in the process of selling my flat in Croxley Green and the estate agent has just called to warn that the purchasers are swapping property lawyer. The excuse is that the lender will only engage with solicitors on their conveyancing panel. Why would a big named mortgage company only engage with certain lawyers rather the firm that they want to choose to handle their conveyancing in Croxley Green ?
Lenders have always had panels of law firms that can represent them, but in the past few years big names such as Yorkshire Building Society, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have represented them for over 25 years.
Lenders point to the increase in fraud as the reason for the pruning – criteria have been stiffened as a smaller panel is easier to maintain. No lender will say how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is being contacted daily by practices that have been removed from panels. Plenty of firms are unaware that they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. Your purchasers are unlikely to have any impact on this.
My wife and I are soon to complete buying a house in Croxley Green but as a result of wreckage from the recent storms I have managed to agree reparation from the vendor of £3k by way of a deduction in the price. I had intended this to be dealt with as part of amending the contract yet Kent Reliance will not permit this. Should they have been involved?
The conveyancing practitioner that is on the Kent Reliance conveyancing panel is required to disclose to Kent Reliance of any amendments to the sale price. If you were to refuse your conveyancer to notify the reduction to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new conveyancing practitioner for your conveyancing in Croxley Green.
I need some quick conveyancing in Croxley Green as I have a deadline to complete in less than 4 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are not obtaining a mortgage you have the choice not to do searches although no conveyancer would recommend that you don't. With plenty of history conveyancing in Croxley Green the following are examples of what can appear and therefore affect future saleability: Enforcement Notices, Overdue Charges, Outstanding Grants, Railway Schemes,...
The deeds to my house are lost. The solicitors who did the conveyancing in Croxley Green 5 years ago no longer exist. What are my next steps?
Nowadays there are duplicates made of almost everything, and your lawyer should know precisely where to locate all the suitable paperwork so you can purchase or sell your property without a hitch. If copies are not available, your conveyancer may be able to put in place insurance or indemnities against possible claims on your property.
My partner has recommend that I instruct his conveyancing solicitors in Croxley Green. Should I choose my own conveyancer?
There are no two ways about it it’s preferable to find a conveyancing practitioner is to get recommendations from friends or relatives who have previously instructed the conveyancer you're are thinking of instructing.