Am I correct in assuming that the fact that my solicitor in Lickey End is not identified on my bank's solicitor panel that there is a problem with the quality of her conveyancing?
It would be unwise to jump to that conclusion. There are plenty of plausible explanations. Just recently a 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. Should you be concerned you should simply call the Lickey End conveyancing practice and enquire why they are no longer on the approved list for your bank.
The Lickey End conveyancing firm handling our Lickey End conveyancing has identified an inconsistency when comparing the assumptions in the valuation report and what is in the legal papers for the property. My solicitor says that he must ensure that the bank is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action appropriate?
Your solicitor must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
We are planning to buy with Loughborough BS. I visited a couple of local solicitors yet cant to find a Lickey End conveyancing firm on the Loughborough BS panel. Could you help?
Please do make the most of the search tool on this page. Please choose the mortgage company and type Lickey End or your location and you will discover numerous solicitors located in Lickey End or near you.
My wife and I buying a detached bungalow in Lickey End. Our aim is to an extension at the rear at the property.Will legal conveyancing on the property include investigations to determine if these works are prohibited?
Your property lawyer should check the deeds as conveyancing in Lickey End will occasionally identify restrictions in the title documents which prevent certain changes or need the consent of a 3rd party. Many additions call for local authority planning consent and approval in compliance with building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be prudent to check these things with a surveyor ahead of any purchase.
When it comes to lenders such as Barclays, do Lickey End conveyancers face a yearly amount to be on the conveyancing panel?
We are unaware of any lender fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
I was told two weeks ago that my mortgage has been agreed to by TSB. Is it usual for TSB to only issue the offer once my solicitor in Lickey End is approved on their conveyancing panel? TSB have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for TSB to deal with your lawyer's application to be on the TSB conveyancing panel. There's no guarantee that your solicitor will be accepted.
I am looking to sell my home. My past lawyers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Lickey End if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Lickey End. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.