My partner and I are looking to acquire a flat in Fetcham and have appointed a Fetcham conveyancing practice. Within the last couple of days our lawyer has sent a preliminary report and documents to look through in anticipation of exchanging contracts shortly. Skipton Building Society have this evening contacted us to advise us that they have now hit a problem as our Fetcham lawyer is not on their approved list of lawyers. What do we do from here?
If you are buying a property requiring a mortgage it is normal for the purchasers' lawyers to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your solicitor should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on the bank's conveyancing panel and you may continue to use your own Fetcham solicitors, in which case your legal fees may increase, and it will likely delay the transaction as you have another set of people involved.
What is the difference between a licensed conveyancer and conveyancing solicitor in Fetcham
There are two types of lawyers who can carry out conveyancing in Fetcham namely CLC regulated conveyancers or solicitors. The two can handle conveyancing services that required to complete the sale or purchase of property. They are both required to execute Fetcham conveyancing to the same quality and guidelines so you can be safe in the knowledge that your conveyancing will be properly conducted and that the necessary procedures will be accurately followed.
I am helping my aunt sell her house in Fetcham. Does the solicitor order an energy assessment or do I organise this?
Following the demise of Home Packs, EPC’s was kept a mandatory component of moving house. An energy performance certificate must be commissioned in advance of the property being put on the market. This is not as aspect of the sale process that lawyers normally organise. If you are using a Fetcham conveyancing solicitor they may help arrange energy performance certificates due to their contacts with long established Fetcham accredited person
The formalities of my purchase has taken place for my property in Fetcham. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
How does conveyancing in Fetcham differ for newly converted properties?
Most buyers of new build residence in Fetcham contact us having been asked by the builder to sign contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Fetcham usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Fetcham or who has acted in the same development.
Is it simple use the search tool to locate a conveyancing practitioner in Fetcham on the panel for my mortgage?
First pick a mortgage company such as HSBC Bank, Norwich and Peterborough Building Society or Platform Home Loans Ltd then choose your location e.g. Fetcham. Conveyancing organisations in Fetcham and further afield should be listed.
We are four weeks into a leasehold purchase having been referred to a firm by the local agent to carry out the conveyancing in Fetcham. I am am extremely frustrated with the level of service. Could you you assist me in finding new conveyancers?
A lawyer would need to be very bad to suggest changing them. Has your loan offer been generated? In the event that it has you must inform them of the new solicitor and get the mortgage documents are re-issued. The conveyancer needs to be on the lenders panel to avoid supplemental charges and complications. So that should be your starting point. The find a solicitor tool will help you find a bank approved conveyancer for your conveyancing in Fetcham