I am nearing exchange of contracts for my maisonette in Devon and the estate agent has just called to advise that the purchasers are changing their conveyancer. I am told that this is due to the fact that the lender will only work with property lawyers on their conveyancing panel. Why would a big named lender only deal with specific law firms rather the firm that they want to appoint to handle their conveyancing in Devon ?
UK lenders have always had an approved set of law firms they are content to work with, but in the past few years big names such as HSBC, have reviewed and reduced their conveyancing panel– in some cases removing conveyancing firms who have acted for them for more than 25 years.
Mortgage companies blame a rise 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 reveal 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 do not even realise 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 sway in the decision.
I require conveyancing for an apartment in a relatively new development (five years old) in Devon. 95% of the properties are already disposed of. Do I need carry out the neighbourhood searches as part of conveyancing in Devon?
If you getting a loan, your lender will require some (many) of the searches so you'll have no choice. If not, then Devon conveyancing searches are for you to decide upon. Your solicitor, will 'advise', perhaps strongly, that you should not go ahead without searches, but he or she is duty bound in this regard. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you insist that your lawyer to proceed without searches then your lawyer will have to follow your instructions or it may be necessary to instruct a new lawyer for your conveyancing in Devon.
My wife and I have recently appointed a conveyancing solicitor in Devon. I need to find out if they are on the Barclays conveyancing panel. Could you help?
The first thing you should do is e-mail the solicitor and ask them whether they are on the lender panel. Otherwise you should get in touch with Barclays who may be able to assist.
Are there any apps to assist me to identify a Devon solicitor on the Chelsea Building Society conveyancing panel? I have a car and am willing to travel upto 25kilometers to meet the solicitor.
You can use the search on this website. Please choose the lender and your location and you will see a number of Devon conveyancing lawyers based on proximity. We have detailed some Devon conveyancing firms towards the end of this page and you can call them to verify if they are on the Chelsea Building Society panel
I am a fortnight into a residential purchase having been directed to conveyancers by the high street agent to perform conveyancing in Devon. I am am starting to be disappointed with the quality of service. Can you you assist me in finding new lawyers?
They would have to be very poor to suggest changing them. Has your loan offer been issued? In the event that it has you will need to make them aware of the new lawyer and get the mortgage documents are issued to the new lawyers. Your new conveyancer should be on the banks panel to avoid added costs and delays. That should be your starting point. Our search tool should assist you in finding a bank approved lawyer for your home move in Devon