I was told yesterday by my mortgage adviser that my Peasedown St John solicitor is not on the mortgage company Conveyancing panel. What can I do to be certain whether this is indeed the case?
The first thing you need to do is to contact your Peasedown St John conveyancer. You lawyer should advise you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
I am planning to acquire a house and need a conveyancing solicitor in Peasedown St John who is on the Bank of Ireland solicitor. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Bank of Ireland in certain locations such as Peasedown St John. We dont recommend any particular firm.
We are close to exchanging contracts on the sale of our property in Peasedown St John and according to the buyers it appears that there is a risk of it being built on contaminated land. Any high street Peasedown St John conveyancer would know that there is no such problem. It does beg the question why the purchasers are using an internet conveyancing firm rather than a conveyancing solicitor in Peasedown St John. We have lived in Peasedown St John for six years we know of no issue. Is it a good idea to contact our local Authority to seek clarification 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 enquire of 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 life insurance to cover that same sickness)
Am I right to be wary that third parties that I am dealing with are suggesting an online conveyancing firm rather than a local Peasedown St John conveyancing company?
As with many professional services, often recommendations from connections can be very helpful. But there are many players in a conveyancing matter; estate agents, mortgage brokers and mortgage companies may suggest conveyancers to instruct. On occasion the solicitors might be known to one of the organisations as being good in their field, but sometimes there is an underlying financial incentive behind the recommendation. You are free to choose your own conveyancer. You need to be aware that many mortgage providers have an approved list of law firms you are obliged to use for the mortgage related work in your transaction.
What is the reason for my solicitor requiring numerous items of identification ahead of starting selling or buying a property in Peasedown St John?
Peasedown St John property lawyers are obliged by the Law Society, SRA, HMLR and current AML Regulations to certify that the have verified the identity of their clients. It will also be a requirement of your bank where you are taking a mortgage. In addition they have to complete various forms, particularly those relating to Land Tax and need to have details such as your full names, national insurance number and DOB.