How up to date is your database of Daventry solicitors on the Nottingham conveyancing panel? Do Nottingham send you an updated list?
Daventry conveyancing firms themselves provide us confirmation that they are on the Nottingham conveyancing panel as opposed to being supplied with a list from Nottingham directly.
We wanted to use a conveyancing solicitor in Daventry for our house move. Our financial adviser has since notified us that our mortgage lenders Barclays won't deal with them. Why is this not regarded as unfair competition?
A decade ago most lenders had an appetite for risk which was higher than today. Almost all Daventry conveyancing firms would have been on many mortgage company panels. The Financial Services Authority in 2010 conducted a thematic investigation into mortgage fraud which come to the conclusion: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more information from law firms relating to their operations and their employees as well as establishing certain criteria such a completing on a minimum amount of conveyancing. Many Daventry conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Daventry is one of the hundreds of areas where the lawyers we list are members of the panel for Barclays .
I happen to be the sole recipient of my late father’s will with all property in now in my sole name, including the house in Daventry. The Daventry property was put into my name in October. I now wish to sell up. I do know about the Mortgage Lenders 6 month 'rule', meaning my property ownership will be regarded the same way as if I'd bought the house in October. Do I have to wait half a year to sell?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. Some lenders would take a sensible view as this obligation is principally there to pick up on the purchase and immediately sell or the quick reselling of properties.
We previously chose conveyancing lawyers with offices in Daventry on the RBS solicitor panel. They have just billed me a supplemental fee for the legal aspects of the RBS mortgage. Is this an additional conveyancing fee set by RBS?
Unfortunately, as long as it is in their Terms of Engagement or estimate then yes your conveyancing practitioner can levy a fee for this. This fee is not set by RBS but by your Daventry conveyancing practitioner. Plenty of firms on the RBS panel will quote ’dealing with mortgage’ fee and others do not.
The formalities of my purchase has taken place for my property in Daventry. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I'm converting the mortgage on my existing property to a buy to let mortgage with Nationwide Building Society and I will use the ballance of the raised equity as a deposit on a second property. The area we are talking about is Daventry. Will your solicitors be able to act for the two lenders and tie in the transactions?
Make use of our search tool on this site to be sure that the conveyancers are approved by both mortgage companies. Having checked that they are your conveyancer will be able to simultaneously deal with the two transactions but you should have a chat with you lawyer and communicate your desired outcome and needs.
In my capacity as executor for the will of my aunt I am disposing of a property in Cardiff but I am based in Daventry. My lawyer (based 235 kilometers awayhas requested that I execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing lawyer in Daventry to witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are based in Daventry