I had intended to instruct a conveyancing solicitor in Oughtibridge for our house purchase. Our financial adviser has since advised us that our mortgage company Birmingham Midshires won't deal with them. Surely this is unfair competition?
Pre- 2008 most mortgage companies had a different appetite for risk. Almost all Oughtibridge conveyancing firms would have been on most mortgage company panels. The FSA in 2010 carried out a thematic review into mortgage fraud which come to the conclusion: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, lenders are increasingly seeing more information from law firms relating to their operations and their employees as well as set certain criteria such a completing on a minimum volume of transactions. Many Oughtibridge conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Oughtibridge is amongst the hundreds of locations where the lawyers we list are are approved Birmingham Midshires.
Is there a list of Kent Reliance panel solicitors in Oughtibridge on the Building Society Association’s Website?
Unfortunately not yet. There is no such directory service on the CML or Building Society Association sites. Very few lenders make their panel listings viewable online. If you are seeking to appoint a Oughtibridge conveyancing practitioner on the Kent Reliance please make the most of our tool.
I recently had an offer agreed on a house in Oughtibridge. My mortgage broker pressured me to appoint their conveyancing practitioner. I paid an advanced payment of £200. Not long after, the conveyancing practitioner contacted me embarrassingly acknowledging that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
My offer was accepted on a house in Oughtibridge on 24/6/2025, valuation was booked 2 days after, received a clean bill of health. Conveyancer instructed, so the only thing outstanding was my mortgage offer. Having made daily calls to Lloyds and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Lloyds conveyancing panel. Are Lloyds entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Lloyds to deal with your lawyer's application to be on the Lloyds conveyancing panel. There's no guarantee that your solicitor will be accepted.
Are there restrictive covenants that are commonly picked up during conveyancing in Oughtibridge?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Oughtibridge. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What is different about your site and other web based conveyancing brokers when it comes to conveyancing in Oughtibridge?
At this site get a conveyancing costs illustration from a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Oughtibridge. As opposed to estate agents and many comparison sites we are not in the business of charging firms a commission if you instruct them for your property ownership legalities in Oughtibridge
I need to retain a conveyancing solicitor for purchase conveyancing in Oughtibridge. I've land on a site which appears to be the ideal answer If it is possible to get all the legals completed via web 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?