My husband and I are planning to purchase a home in West Thurrock and are in fact using a West Thurrock conveyancing firm. Within the last couple of days our lawyer has sent a preliminary report and documents to look through in anticipation of exchanging contracts shortly. Platform Home Loans Ltd have this morning contacted us to inform me that they have now hit a problem as our West Thurrock solicitor is not on their conveyancing panel. Please explain?
When purchasing a property with mortgage finance it is normal for the purchasers' lawyers to also act for the mortgage company. 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 Quality Scheme. Your property lawyer should contact your mortgage company 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 West Thurrock lawyers, in which case it will likely add costs, and it will likely delay the transaction as you are adding another lawyer into the mix.
we are a couple who are hoping to buy a 1 bedroom flat in West Thurrock with a homeloan from National Westminster Bank.We have a West Thurrock conveyancing lawyer but National Westminster Bank informed us he's not listed on their "panel". we are left little option but to use a National Westminster Bank panel firm or retain our preferred solicitor and fork out for a National Westminster Bank panel lawyer to represent them. We feel as though this is unjust; Can we not simply insist that National Westminster Bank use our lawyer?
Unfortunately,no. The mortgage issued to you contains terms and conditions, a common one being that lawyers must be on the National Westminster Bank solicitor panel. in the past, most mortgage companies had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for National Westminster Bank
There are plenty of conveyancing solicitors in West Thurrock but how do I know who I should use?
Do not opt for the lowest West Thurrock conveyancing fees. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
What is the difference between a licensed conveyancer and conveyancing solicitor in West Thurrock
There are two types of lawyers who can do conveyancing in West Thurrock namely licenced conveyancers or solicitors. The two can provide conveyancing services that required to complete the sale or acquisition of property. Both are obliged to carry out West Thurrock conveyancing on similar quality and guidelines so you may be sure that your conveyancing will be properly conducted and that all necessary procedures will be correctly attended to.
Does a directory service exist listing TSB panel conveyancers in West Thurrock on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association websites. A small selection of lending institutions make their panel listings visible over the internet. Where you are in need of a West Thurrock conveyancer on the TSB please make the most of our facility.
I used Arc property Solicitors several years ago for my conveyancing in West Thurrock. I now require my papers but the law firm has closed. What do I do?
You should 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 West Thurrock of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I need to instruct a conveyancing solicitor in West Thurrock for my house move. Can I see a solicitor's complaints history with the profession’s regulator?
One may read documented Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The regulator may monitor call for training requirements.