Am I correct in assuming that the fact that my solicitor in Southall is not identified on my bank's solicitor panel that there is a problem with the quality of the firm’s work?
It would not be wise to jump to that conclusion. There are plenty of plausible explanations. Just recently a report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Southall conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
We were just about to exchange contracts for a leasehold flat in Southall. We encountered a stumbling block. Our mortgage offer with Virgin Money expires on 17/6/2019 but the vendors are putting forward a completion date of 19/6/2019. Can one prolong the loan offer?
The person best placed to deal with your issue is your lawyer who is in a position to calculate whether they better off negotiating with the mortgage broker, owner’s lawyers, estate agents or possibly all three based on what has happend in your conveyancing as of today.
We are purchasing a flat and need a conveyancing solicitor in Southall who is on the Yorkshire BS approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Yorkshire BS . We don't recommend any particular firms conducting conveyancing in Southall.
My partner has urged me to appoint his conveyancing solicitors in Southall. Should I use them?
No doubt the best way to choose a conveyancing lawyer is to seek feedback from friends or relatives who have experience in using the conveyancer you're are thinking of instructing.
My lawyer in Southall has informed me that he requires personal identification documents saying that this is part of his retainer as a conveyancer on the lender Solicitor panel. Can you confirm whether this is the case?
Anti-terror and anti-money-laundering rules require Southall conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that the bank also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the bank's UK Finance Lenders’ Handbook requirements