Am I correct in assuming that the fact that my solicitor in Lewes is not listed on my mortgage company's solicitor panel that there is a problem with the standard of the firm’s work?
It would not be wise to jump to that conclusion. There are plenty of reasonable explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Lewes conveyancing practice and enquire why they are no longer on the approved list for your lender.
Our conveyancer has discovered a a problem with the lease for the apartment we are purchasing in Lewes. The other side have put forward title insurance as a solution. We are happy with insurance and will cover the costs. Our lawyer has advised that he must ensure that the lender is happy with this solution. Who is the client here, us or the bank?
Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the lender are the client. The appropriate lender conditions must be adhered to.
I am planning to acquire a house and need a conveyancing solicitor in Lewes who is on the Birmingham Midshires conveyancing. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Birmingham Midshires in certain locations such as Lewes. We dont recommend any particular firm.
We are selling our house in Lewes and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A high street Lewes conveyancer would know that there is no such problem. It does beg the question why the purchasers are using an internet conveyancing outfit as opposed to a conveyancing solicitor in Lewes. Having lived in Lewes for three years we know that this is a non issue. Do we get in touch with our local Authority to seek confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I'm converting the mortgage on my current house to a buy to let loan with Chelsea Building Society and I will use the rest of the raised equity as a deposit on another house. The area we are talking about is Lewes. Will your solicitors be able to act for both sets of lenders and tie in the conveyances?
Make use of our search tool on this site to ensure that the conveyancers are approved by both mortgage companies. Having checked that they are the conveyancer should be able to simultaneously deal with the two transactions but you should have a chat with you solicitor and make clear your expectations and requirements.