Is the fact that my solicitor in Walton on the Naze is not identified on my bank's solicitor panel that there is a problem with the quality of his conveyancing?
That is most likely an incorrect assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator revealed 76% 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. If you are concerned you should contact the Walton on the Naze conveyancing firm and enquire why they are no longer on the approved list for your lender.
Do the Building Society Association intend to launch a online directory to to identify practices on the Norwich and Peterborough Building Society conveyancing panel for instance in Walton on the Naze?
We have not been informed any intention on the part of the BSA to develop such a register.
I used Wolstenholmes several years ago for my conveyancing in Walton on the Naze. Now, I need the documents but the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Walton on the Naze of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Am I better off to appoint a Walton on the Naze conveyancing lawyer who is local to the property I am purchasing? We have a good friend who can handle the conveyancing but his firm is located a couple of hundredkilometers away.
The benefit of a local Walton on the Naze conveyancing practice is that you can attend the office to execute documents, present your identification documents and apply pressure on them where appropriate. They will also have local insight which is a benefit. However it's more important to get someone that will do a good and efficient job. If other friends have used your friend and on the whole were happy that must trump using an unknown Walton on the Naze conveyancing lawyer just because they are round the corner.
My solicitors in Walton on the Naze have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with the bank. Is it case that being on the lender conveyancing panel they need to have retained the file for a number of years?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the lender Conveyancing Panel Terms. It might be worth you contacting the lender directly.