It has taken forever and a day but a loan agreement from Nationwide for the remortgage of my 3 room apartment is expected by the end of next week. Are you able to suggest a cheap conveyancing practitioner in Romford?
This site is not designed to help those in their quest for a cheap conveyancing solicitors in Romford. Our aim is to provide excellent value conveyancing but our intention is not to work with the cheapest lawyers. Avoid the trap of appointing brokers enticing you with £99 conveyancing in Romford. Optimistically, in deciding on cheap conveyancing, you will receive what you pay for and at worst it will result in you being stung for extras and still not end up with the service required.
Are the Romford conveyancing solicitors identified as being on the Nottingham conveyancing panel, together with their details provided by Nottingham?
Romford conveyancing firms themselves provide us confirmation that they are on the Nottingham conveyancing panel as opposed to being supplied with a list from Nottingham directly.
The Romford conveyancing lawyers that I appointed last week on my house acquisition in Romford have suddenly closed. I chose them because I had to have a lawyer on the HSBC conveyancing panel and my previous Romford lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What do I do now?
If you have an estate agent involved then inform them straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the HSBC conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help.
We're novice buyers - had an offer accepted, yet the property agent has warned us that the vendor will only go ahead if we appoint the agent's chosen lawyers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a local solicitor used to conveyancing in Romford
It is unlikely the vendors are behind this. If they desire ‘a quick sale', alienating a genuine purchaser is counter productive. Bypass the agents and go straight to the owners and make the point that (a)you are genuine buyers (b)you are ready to go, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)however you are going to appoint your own,trusted Romford conveyancing solicitors - not the ones that will earn their estate agent a commission or achieve conveyancing thresholds demanded by corporate headquarters.
Our conveyancer in Romford has uncovered a defect with the lease for the flat we are purchasing in Romford. The other side have offered defective title insurance as a solution. We are happy with insurance and will cover the costs. Our lawyer says that as he is on the mortgage company conveyancing panel he must check that the lender is happy with this solution. Who is the client here, us or the mortgage company?
The short answer to your last question is that, notwithstanding the potential for a conflict of interest, you and the bank are the client. A precondition to being on the lender approved panel is to comply with the UK Finance Lenders’ Handbook requirements. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects will the lease so that the bank can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected . Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.