My fiance and I are planning to purchase a house in Headley and have appointed a Headley conveyancing practice. Within the last couple of days our solicitor has forwarded the sale agreement to be signed with a detailed report in anticipation of exchanging contracts shortly. Bank of Ireland have this morning contacted us to advise us that they have now hit a problem as our Headley conveyancer is not on their conveyancing panel. What do we do from here?
When purchasing a property with mortgage finance it is normal for the purchasers' lawyers to also act for the mortgage company. 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 Quality Scheme. Your property lawyer should contact your mortgage company 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 lender’s conveyancing panel and you may continue to use your own Headley solicitors, in which case your legal fees may increase, and it will likely delay the transaction as you are adding another lawyer into the mix.
When does exchange of contracts happen for domestic conveyancing in Headley and am I required to attend the lawyers office?
If you are round the corner to one of the conveyancing solicitors in Headley you are invited in to sign contracts. However, the law practices we work with offer countrywide coverage for conveyancing and give as equally comprehensive and professional a job for you when communicating with you electronically. The signing of the contract is not the point of no return. A signed contract is necessary for the solicitor to exchange contracts when the time is right, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Headley)to be in the office at the appropriate time.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The conveyancers who handled the conveyancing in Headley 5 years ago have long since closed. Will I be able to sell the house?
Assuming the title is registered the details of your ownership will be held by the Land Registry with a Title Number. It is easy to perform a search at the Land Registry, find your house and obtain current copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will usually hold a file copy of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
How do I locate a Headley law firm on the Lloyds TSB Bank conveyancing panel? I am a keen cyclist and am happy to travel upto 10miles to meet the lawyer.
Feel free to make use of the facility on this page. Please select a mortgage company and your location and you will see a number of Headley conveyancing lawyers based on proximity. We have listed some Headley conveyancing firms towards the end of this page and you can ring them to check if they are on the Lloyds TSB Bank member panel
My husband and I are one month into a freehold purchase having been recommend to a firm by the high street agent to do our conveyancing in Headley. I am am starting to be frustrated with the level of service. Can you help me find new conveyancers?
They would have to be very bad to suggest diss instructing them. Has your mortgage been sent? If so you need to make them aware of the new conveyancer and get the loan are issued to the new lawyers. Your new conveyancer should be on the mortgage company panel to avoid added charges and delays. So that should be your first question of the new conveyancers. Our search tool should help you find a bank approved conveyancer for your conveyancing in Headley