We are soon to exchange on the purchase of a house in Paignton but as a result of wreckage from some water damage at the property I have was able negotiate reparation from the owner of three thousand pounds taking the form of a deduction in the price. This was going to be addressed as part of the conveyancing process but RBS are not allowing this. Should they have been involved?
Your solicitor being on the RBS approved list is duty bound to inform RBS of any amendments to the sale price. If you prohibit your property lawyer to report the reduction to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new property lawyer for your conveyancing in Paignton.
Does a directory service exist listing RBS panel solicitors in Paignton on the Council of Mortgage Lender’s Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few banks make their panel listings visible on the web. If you are looking for a Paignton property lawyer on the RBS please use our facility.
The formalities of my purchase has taken place for my property in Paignton. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
Having read lots of mortgage guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Paignton solicitor - who is on the Virgin Money conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Virgin Money will need an independent valuation of the property. Your lawyer will not arrange this. Usually Virgin Money will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Paignton surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
How simple is it to use the search app to select a conveyancing solicitor in Paignton on the approved list for my bank?
1st choose a lender such as HSBC Bank, Barnsley Building Society or Aldermore then choose your location for instance Paignton. Conveyancing organisations in Paignton and further afield should be listed.
My cousin has recommend that I use his conveyancing solicitors in Paignton. Should I choose my own solicitor?
No doubt the ideal way to select a conveyancing solicitor is to have feedback from friends or relatives who have used the conveyancer you're considering.
I'm purchasing a property in Paignton. I have found my conveyancer's company on the CLC list, but I can't see my lawyer's name on the list. Should I be concerned?
Not all staff in the law firm must be listed by the regulator. As long there is a manager qualified to 'oversee' the conveyancing, the actual day-to-day activity can be undertaken by unlicensed staff.