I have just been advised by my mortgage adviser that my Melbourn property lawyer is not on the lender Solicitor panel. How can I be certain whether this is indeed the case?
The first thing you need to do is to call your Melbourn conveyancer. You lawyer should inform you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
I am hoping to move into my new home in Melbourn next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the bank. What risks does the mortgage company expect the insurance to cover?
All property lawyers on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook instructions. These requirements are not unique to conveyancing in Melbourn.
I had intended to instruct a conveyancing solicitor in Melbourn for our home move. Our broker has since advised us that our mortgage company The Royal Bank of Scotland won't deal with them. Surely this is unduly restrictive?
A lender will insist on an approved solicitor act for it. You would be liable to meet the charges for this. Do use our search facility to get a quote from a solicitor to carry conveyancing in Melbourn on the The Royal Bank of Scotland approved list of solicitors.
I was recommended by a number of estate agents in Melbourn to choose a property lawyer on your site. Is there a financial advantage for Estate Agents to recommend your site over another?
We don’t give any financial incentive for pointing buyers and sellers in our direction. We thought it would be too underhand a fee as home movers will think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
I am looking for a conveyancing practitioner in Melbourn for my home move. Can I see a solicitor's complaints history with the legal regulator?
You may see presented Solicitor Regulator Association (SRA) determinations stemming from investigations commenced on or after 1 January 2008. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The regulator may recorded call for training reasons.