My husband and I are planning to buy a home in Woolacombe and have instructed a Woolacombe conveyancing practice. Within the last couple of days our property lawyer has sent a preliminary report and documents to look through in anticipation of exchanging contracts shortly. Barclays Direct have this afternoon contacted us to advise us that they have now hit a problem as our Woolacombe lawyer is not on their conveyancing panel. Please explain?
Where you are buying a property with the assistance of a mortgage it is standard for the purchasers' solicitors 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 solicitor 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 solicitors to act. You don't have to instruct a firm on the lender’s conveyancing panel as you are at liberty to use your preferred Woolacombe lawyers, in which case your legal fees may increase, and it will likely delay the transaction as you are adding another lawyer into the mix.
Are you able to vouch for a Chelsea Building Society sanctioned Woolacombe conveyancing solicitor finish our house move within 10 days? Would it be better to use a high street Woolacombe firm or a factory type comparison site?
We would be happy to suggest some excellent Woolacombe conveyancing firms. Another option is to visit the high street in Woolacombe. Visit some well established firms and request to see a conveyancing solicitor for a quote. Discuss your requirements together with the reasons and get a commitment on your deadline. Choose the lawyer that you trust.
We note that you have a search directory listing firms on the Kent Reliance conveyancing panel. Do companies pay you a commission if I appoint them for our conveyancing in Woolacombe?
We are a listing service only for law firms wishing to communicate if they are on the Kent Reliance conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Woolacombe.
Various internet forums that I have come across warn that are the number one cause of delay in Woolacombe house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of delay in conveyancing in Woolacombe.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The conveyancers who conducted the conveyancing in Woolacombe 5 years ago have long since closed. What are my options?
In today’s world there are duplicates made of almost everything, and your solicitor will be aware precisely where to locate all the suitable documentation so you may buy or dispose of your property without any difficulty. If duplicates are not available, your solicitor can arrange cover in the form of insurance or indemnities protecting you against future claims on your premises.