Unfortunately I am unable to travel far from Thame. Can you please clarify why all Thame conveyancing practitioners aren't automatically on all bank panels?
Lenders point to the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud annually.The elimination of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its conclusions included recommendations for mortgage companies to review their conveyancing panels, which kicked off a major policy change in the sector. This resulted in banks and building societies culling a number of firms off their panel of approved lawyers .
I am assisting my aunt sell her flat in Thame. Will the solicitor arrange the energy assessment or should I organise this?
After the abolition of Home Information Packs, energy performance certificates was maintained a compulsory element of selling a house. An energy performance certificate must be commissioned in advance of the property being advertised. This is not something that lawyers ordinarily organise. Where you are using a Thame conveyancing practitioner they may be willing to arrange energy performance certificates due to their contacts with reputable local accredited person
My lawyer has informed me that absentee landlord insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Thame?
The right level of absentee landlord indemnity insurance should be dictated by who who your lender is. It would differ for example between Barclays and Chelsea Building Society. Conveyancing solicitors as opposed to members of the public take out such insurances.
Intending to buy a maisonette in Thame. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the TSB conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Thame lawyer is on the TSB conveyancing panel.
Due to the guidance of my in-laws I had a survey completed on a house in Thame ahead of appointing solicitors. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some lenders may not give a mortgage on a flying freehold home.
It depends who your proposed lender is. Bank of Scotland has different requirements from Birmingham Midshires. If you e-mail us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Thame. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking for a conveyancing solicitor in Thame for my sale. Is it possible to check a firm’s record with the profession’s regulator?
Anyone can find published Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The regulator may recorded telephone calls for training requirements.
How much experience do your Thame conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Thame conveyancing lawyers help thousands of people move home every year and helped plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Thame conveyancers have worked on recent similar matters.