We are purchasing a 1 bedroom apartment in Fenham with a mortgage. We have a Fenham solicitor, however the bank says she’s not on their "panel". We have to appoint one of the mortgage company panel solicitors or keep our Fenham conveyancing practitioner as well as pay for one of their panel firms to act for them. We regard this is unjust; is there anything we can do?
No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Fenham conveyancing lawyer to apply to be on the conveyancing panel.
In scouring mumsnet.com for a recommended lawyer in Fenham, most comment that I should look for a CQS accredited lawyer. What is CQS?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in buying or selling property, trusted by some of the UK's leading mortgage companies. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Building Societies Association (BSA). CQS is not a scheme offered by the Council of Licensed Conveyancing. Fenham is one of the numerous areas in England and Wales where there are CQS solicitors.
A friend suggested that if I am purchasing in Fenham I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Fenham conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Fenham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Fenham Education with plans and statistics, Local Amenities and other useful information about Fenham.
Given that I am about to part with over three hundred thousand on a garden flat in Fenham I would like to have a conversation with the solicitor regarding thetransaction before giving the go ahead to the firm. Is this something that you can arrange?
This is something that we recommend - it is our preference to talk to you we do not take any clients on without you speaking to the solicitor who will be carrying out your conveyancing in Fenham.There is no ‘factory style conveyancing’ - each client is unique person, not a case number. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Fenham should be the figure that you are charged.
I need to retain a conveyancing solicitor for purchase conveyancing in Fenham. I've land on a site which seems to have the ideal answer If there is a chance to get all the legals done via email that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?