Unfortunately I am unable to travel far from Eden Park. Is there a reason why all Eden Park conveyancing practitioners are not on all lender panels?
A decade ago most lenders demonstrated an attitude to risk which differs from the current day. The financial regulator in 2010 instigated a thematic review into mortgage fraud which concluded: know the solicitors on your panel. Consequently, banks have since requiredmore data from law firms regarding their operations and the staff who work for them and set certain criteria such as completing a minimum amount of transactions. Hundreds of law practices have found themselves removed from lender panels even though they had 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Such firms were never going to meet the minimum volume of transactions the lenders set.
My lender has suggested a law firm on their panel based in Eden Park but I would rather use a conveyancing lawyer in Eden Park or nearer to where I live. Can you assist?
Far from all Eden Park conveyancing solicitors are listed all banks conveyancing panel. Please make use of the above search tool to locate a Eden Park conveyancing firm on the on the lender panel.
The deeds to our house can not be found. The conveyancers who conducted the conveyancing in Eden Park 4 years ago are no longer around. What are my next steps?
Assuming you have a registered title the details of your proprietorship will be retained by HMLR under a Title Number. It is possible to conduct a search at the Land Registry, locate your house and get current copies of the Registered Entries for less than a fiver. If the title is Leasehold then the Land Registry will usually retain a certified duplicate of the Registered Lease and again, a copy can be ordered for a small fee.
How does conveyancing in Eden Park differ for newly converted properties?
Most buyers of new build premises in Eden Park come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is finished. This is because developers in Eden Park tend to purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Eden Park or who has acted in the same development.
How do I use the search tool to get a quote from a conveyancing solicitor in Eden Park on the approved list for my bank?
First choose a mortgage company such as National Westminster Bank, Coventry Building Society or Platform Home Loans Ltd then type in your preferred area such as Eden Park. Conveyancing practices in Eden Park and beyond should be identified.