I am progressing with the sale of my home in Desborough and the estate agent has just telephoned to say that the purchasers are switching law firm. The reason given is that the bank will only work with property lawyers on their conveyancing panel. On what basis would a leading lender only work with specific solicitors rather the firm that they want to choose for their conveyancing in Desborough ?
UK lenders have always had an approved set of law firms that can act for them, but in the past few years big names such as HSBC, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have acted for them for many 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 keep an eye on. Banks tend not to disclose how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society claims that it is hearing daily from firms 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. The buyers are unlikely to have any impact on this.
I am purchasing a flat and need a conveyancing solicitor in Desborough who is on the Nottingham Building Society solicitor. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nottingham Building Society in certain locations such as Desborough. We dont recommend any particular firm.
What does a local search inform me about the house my wife and I buying in Desborough?
Desborough conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search company for instance PSG The local search plays a central part in many a Desborough conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your property. The search should provide information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
Just acquired a detached house in Desborough , What is the estimated time for the Land Registry to register my proprietorship? My Desborough conveyancing solicitor works at snail pace, so I want to be sure that my purchase is registered.
There is nothing unique when it comes to conveyancing in Desborough registration formalities. Rather than based on location, timescales can vary subject to the party submitting the application, whether there are errors and whether the Land registry must send notices to any 3rd parties. At present approximately three quarters of such applications are completed within 12 days but some can be subject to longer hold-ups. Registration takes place after the buyer is living at the premises so 'speed' is not typically an essential issue yet if it is urgent that the the registration takes place urgently then you or your lawyers could speak with the land registry and explain the circumstances.
How do I locate a Desborough solicitor on the HSBC Bank conveyancing panel? I am a keen cyclist and am happy to travel upto 25kilometers to meet the conveyancer.
Feel free to make use of the search on this website. Please pick a lender and your location and you will see a number of Desborough conveyancing lawyers based on proximity. We have listed some Desborough conveyancing firms towards the end of this page and you can call them to see if they are on the HSBC Bank approved list