My husband and I are hoping to buy a flat in Sutton On Sea and have appointed a Sutton On Sea conveyancing firm. Within the past 48 hours our property lawyer has sent a preliminary report and documents to look through in anticipation of exchanging contracts shortly. Bank of Scotland have this morning contacted us to advise us that they have now hit a problem as our Sutton On Sea solicitor is not on their approved list of lawyers. What do we do from here?
If you are buying a property needing a mortgage it is usual for the purchasers' lawyers to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel as you are at liberty to use your preferred Sutton On Sea lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.
I've recently found out that there is a flying freehold element on a house I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Sutton On Sea is the location of the property. Can you shed any light on this issue?
Flying freeholds in Sutton On Sea are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Sutton On Sea you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sutton On Sea may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How simple is it to swap solicitor as I need to select a firm on the Barnsley Building Society conveyancing panel. I hired a family conveyancing solicitor in Sutton On Sea round the corner but he is not accepted by Barnsley Building Society
It would be our pleasure to help you select a conveyancing solicitor in Sutton On Sea on the Barnsley Building Society panel. Please note that the property lawyers that we work with do not pay us a referral fee if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Sutton On Sea. In utilising the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Sutton On Sea.
We are 17 days into a leasehold purchase having been directed to a firm by the local agent to execute conveyancing in Sutton On Sea. We are not happy. Can you help me find new lawyers?
A lawyer would have to be really poor in order to consider changing them. Has the loan offer been generated? If so you need to inform them of the new contact details and get the mortgage documents are re-sent. Your conveyancer should be on the lenders approved list to avoid escalating expenses and delays. That should be your starting point. The search tool should assist you in finding a lender approved solicitor for your home move in Sutton On Sea
I'm going to purchase an apartment very soon in Sutton On Sea. I am in need of a Sutton On Sea conveyancing solicitor. My family lawyer is located in Scotland and unable to help.Is it possible for you to recommend a cheap Sutton On Sea property lawyer that will act for us as well as represent RBS?
The purpose of this site is restricted to being a directory service for conveyancing practitioners who want to be listed as being on the approved conveyancing panel for RBS in certain areas such as Sutton On Sea . Our intention is not to recommend any particular conveyancing practitioner.