Please help. My Swanland conveyancer is advising me that he is legally obliged toapply for Swanland conveyancing searches asthe firm are on the Virgin Moneyconveyancing panel. These Swanland searches cost a lot of money can this be avoided?
You have limited options available to you. Given that you are taking out a loan with a bank your conveyancing practitioner has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook conditions . Even if you were a cash buyer you would be ill advised not to carry out Swanland conveyancing searches.
My wife and I have recently appointed a conveyancing solicitor in Swanland. I I am struggling to find out if they are on the Platform Home Loans Ltd approved list of lawyers. Could you assist?
The first thing you should do is contact the conveyancer and enquire if they can act for the lender. Otherwise you can get in touch with Platform Home Loans Ltd who may be able to confirm.
We are purchasing a flat in Swanland. I might seem paranoid but how we can trust a conveyancer? On the day of competition we have to put our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
When it comes to lenders such as Barclays, do Swanland property lawyers face a yearly amount to be on the conveyancing panel?
We are unaware of any lender fees to register on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
is it true that all Swanland solicitor firms on the Principality conveyancing panel are governed by the SRA?
As solicitors, in order to be on the Principality conveyancing panel they would need to be regulated by the SRA. The majority of banks do permit licenced conveyancers on their panel in which case such organisation would be regulated by the Council of Licensed Conveyancers.
Are there restrictive covenants that are commonly picked up during conveyancing in Swanland?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Swanland. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
We're FTB’s - agreed a price, but the estate agent advised that the seller will only go ahead if we appoint their chosen lawyers as they want a ‘quick sale’. We would rather use a high street conveyancer used to conveyancing in Swanland
We suspect that the seller is unaware of this demand. Should the seller desire ‘a quick sale', turning down a motivated buyer is is going to put the whole deal at risk. Avoid the agents and go straight to the sellers and make the point that (a)you are keen to buy (b)you are ready to progress, with finances in place © you are chain free (d) you wish to move quickly (e)however you intend to appoint your own,trusted Swanland conveyancing solicitors - not the ones that will provide their estate agent a commission or meet his conveyancing figures demanded by senior management.