I am not in a position to travel far from Fareham. I would like to know the understand why all Fareham property lawyers are not on all lender panels?

Before the recession most mortgage companies demonstrated an approach to risk which differs from the current day. The FSA in 2010 carried out a thematic review into fraud which concluded: know the solicitors on your panel. Consequently, banks have subsequently soughtmore data from law firms about their operations and the individuals who work for them and set certain criteria such as completing a minimum number of transactions. Many firms have found themselves removed from lender panels even though they had an exemplary disciplinary record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Such firms found it impossible satisfy the minimum amount of transactions the lenders set.

My partner and I are nearing an exchange on a flat in Fareham and my mum and dad have sent the exchange deposit to my conveyancer. I am now informed that as the deposit has been received from someone other than me my solicitor needs to disclose this to my lender. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the lender about my parents' contribution when I applied for the mortgage, so is it really necessary for this now to hold matters up?

The conveyancing practitioner is duty bound to check with lender to ensure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only reveal this to your bank if you agree, failing which, your lawyer must cease to continue acting.

Are the Fareham conveyancing solicitors identified as being on the Santander conveyancing panel, together with their details provided by Santander?

Fareham conveyancing firms themselves provide us confirmation that they are on the Santander conveyancing panel as opposed to being supplied with a list from Santander directly.

I used Wolstenholmes several years ago for my conveyancing in Fareham. I now require my file however cannot find the solicitor. What do I do?

You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Fareham of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Can you offer any advice when it comes to finding a Fareham conveyancing firm to carry out our lease extension conveyancing?

When appointing a solicitor for lease extension works (regardless if they are a Fareham conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you make enquires with several firms including non Fareham conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be helpful:

Can they put you in touch with clients in Fareham who can give a testimonial?

Fareham Leasehold Conveyancing - Sample of Questions you should ask Prior to buying

How many of the leaseholders are in arrears for their service charge payments? It is important to be aware if changing the roof or some other significant cost is due shortly that will be shared amongst the leasehold owners and will materially impact the level of the maintenance costs or require a specific invoice. What prohibitions are contained in the Fareham Lease?