I am getting a offer of a home loan from Nat West. I hope to instruct a Licensed Conveyancer in Derbyshire. Does the Nat West Conveyancing panel include conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My Derbyshire solicitor has discovered an inconsistency between the surveyor’s assumptions in the valuation survey and what is in the title deeds. My solicitor has advised that he must ensure that the lender is OK with this discrepancy and is content to go ahead. Is my solicitor’s stance right?
Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Derbyshire. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 25/11/2023, the requirements read as follows :
My husband and I are 3 weeks into a freehold purchase having been directed to solicitors by the local agent to carry out the conveyancing in Derbyshire. I am am extremely dissatisfied with the level of service. Could you help me find new solicitors?
A lawyer would have to be really bad in order to consider diss instructing them. Has your mortgage been issued? If so you must make them aware of the new contact details and ensure the offer are re-issued. The conveyancer needs to be on the banks panel to avoid supplemental expenses and frustration. That should be your first question of the new lawyers. Our search tool can assist you in finding a bank approved lawyer for your home move in Derbyshire
How up-to-date is your search tool for the bank conveyancing panel in Derbyshire? Do the mortgage companies send you an updated list?
Derbyshire law firm practices and firms conducting conveyancing in Derbyshire themselves provide us confirmation that they are on the bank conveyancing panel as opposed to being supplied with a list from the lender directly.