My lender has suggested a law firm on their panel based in Reading but I would rather instruct a conveyancing lawyer in Reading round the corner to me. Can you help?
It is by no means the case that all Reading conveyancing firms are on all lender’s conveyancing panel. Use our search tool to identify a Reading conveyancing conveyancer on the on the mortgage company panel.
This question may be naive but I am new to the process as a 1st time purchaser of a garden flat in Reading. Do I pick up the keys to the house on the completion date from my conveyancer? If this is the case, I will use a High Street conveyancing solicitor in Reading?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the vendor’s lawyers, and shortly after the monies have arrived, you will be called to collect the keys from the selling Agents and start moving into the property. This tends to happen early afternoon.
Are all Reading Conveyancing Quality Solicitors on the Kent Reliance conveyancing list of approved practices?
A selection of lenders now utilise the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their panels.
We were going to get a AIP from HSBC this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do HSBC recommend any Reading solicitors on the HSBC conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Reading solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
Various web forums that I have frequented warn that are the primary reason for stalling in Reading conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not feature within the common causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of slowing down conveyancing in Reading.
I was recommended by numerous estate agents in Reading to select a solicitor using your seach tool. What’s the financial advantage for Estate Agents to recommend your lawyers rather than a competitor’s?
We don’t make any commission for directing people in our direction. We found it would be just too difficult to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I see that you have a search directory identifying firms on the lender conveyancing panel. Do Reading conveyancing firms pay you a commission if I retain them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Reading.