is it true that all March solicitor firms on the Barclays conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Barclays conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel and in that case the organisation would be regulated by the CLC.
Can I be sure that the March conveyancing solicitor on the Nottingham panel is any good?
When it comes to conveyancing in March obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the lawyer conducting your transaction.
I was told four weeks ago that my mortgage has been agreed to by Co-operative. Is it usual for Co-operative to only issue the offer once my solicitor in March is approved on their conveyancing panel? Co-operative have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Co-operative to deal with your lawyer's application to be on the Co-operative conveyancing panel. There's no guarantee that your solicitor will be accepted.
What can a local search tell me regarding the house we're purchasing in March?
March conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company such as Onsearch The local search is essential in every March conveyancing purchase; as long as you don’t want any nasty surprises after you move into your property. The search will provide data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.
I'm purchasing my first flat in March with a loan from Birmingham Midshires. The builders refused to reduce the price so I negotiated £7000 of additionals instead. The house builders rep suggested that I not to tell my solicitor about the deal as it would affect my mortgage with Birmingham Midshires. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My cousin has suggested that I instruct his conveyancing solicitors in March. Should I find my own conveyancer?
No doubt the best way to select a conveyancing solicitor is to seek referrals from friends or relatives who have previously instructed the firm you're are thinking of instructing.
Is it true that a March conveyancing firm taken to court by clients for not carrying out the right conveyancing investigations?
We are not aware of such a March conveyancing matter but according to a recent report, a couple acquiring a property elsewhere in England successfully sued their lawyer as a consequence of development plans to build a wind farm not being identified in conveyancing searches.
If you are buying in March It is important that your conveyancer conduct all March conveyancing searches required making sure that you have relevant and current information ahead of purchasing a home in March.