I am six weeks into the sale of my flat in Fareham and the estate agent has just text me to warn that the purchasers are switching property lawyer. The excuse is that the mortgage company will only work with solicitors on their conveyancing panel. On what basis would a leading lender only deal with specific lawyers rather the firm that they want to appoint for their conveyancing in Fareham ?
Mortgage companies have always had panels of law firms that can act for them, but in recent years big names such as Nationwide, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have worked with them for over 25 years.
Banks blame a rise in fraud by way of justification for the reduction – criteria have been narrowed 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 says it is being contacted daily by practices that have been removed from panels. Some 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. The purchasers are not going to have any impact on this.
Can your site be used to find a Conveyancing solicitor in Fareham even where I’m not buying or disposing of a house, for example where I wish to buy a shop in Fareham with a mortgage from Accord Mortgages Ltd?
Our comparison service is mainly utilised to locate residential conveyancing solicitors in Fareham but we have set out towards the end of this page some Fareham commercial conveyancing firms. You should speak with the solicitors directly to check if they can also act for Accord Mortgages Ltd
I am planning to move property in February. Does my conveyancing solicitor communicate with the removal company on the completion day. Incidentally, can you suggest a removal company in Fareham. Conveyancing firm was organised prior to coming across this page.
On the afternoon of completion you will need to collect the keys from the estate agent but this should only happen when the previous owners lawyers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be passed over. Subsequently you will need to tell the removal company that they can start moving you in. We are not in a position to recommend a specific removal organisation but can assist you in locating a conveyancing in Fareham or a firm with expertise in conveyancing in Fareham.
We were going to get a OIP from Santander this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Santander recommend any Fareham solicitors on the Santander conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Fareham solicitors independently although you'll need to choose one on the Santander conveyancing panel. The solicitor represents both you and Santander through the process.
Planning on purchasing a flat in Fareham. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nottingham conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Fareham solicitor is on the Nottingham conveyancing panel.
Do commercial conveyancing searches disclose proposed roadworks that may impact a commercial premises in Fareham?
Its becoming the norm that commercial conveyancing solicitors in Fareham will conduct a SiteSolutions Highways report as it reduces the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Fareham. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Fareham.
For each commercial conveyancing transaction in Fareham it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately may cause delays to Fareham commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Fareham.
I have been sourcing a conveyancing solicitor in Fareham for my sale. Can I see a firm’s complaints history with the legal regulator?
One may see documented Solicitor Regulator Association (SRA) determinations stemming from investigations started on or after 1 January 2008. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA may monitor telephone calls for training requirements.