Am I correct in assuming that the fact that my conveyancer in Rainham is not listed on my lender's conveyancing panel that there is a problem with the standard of his conveyancing?
That is more than likely a wrong assumption to make. There are plenty of reasonable explanations. Just recently a report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should simply call the Rainham conveyancing practice and enquire why they are no longer on the approved list for your bank.
My husband and I are only a couple days away from an exchange on a property in Rainham and my parents have sent the exchange deposit to my property lawyer. I am now informed that as the deposit has not arrived from me my lawyer needs to make a notification to my mortgage company. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the lender about my parents' contribution when I applied for the mortgage, so is it really necessary for this now to delay the deal?
The solicitor is legally required to clarify with the bank to ensure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your lender if you permit them to, failing which, your lawyer must cease to continue acting.
What is the optimum way to investigate if the solicitor handling my conveyancing in Rainham is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Halifax thus paying £175.00 in further conveyancing costs.
Please do take advantage of the find a lender approved solicitor tool on this web page. Please choose the lender and type ‘Rainham’ or your location and you will discover numerous conveyancers located in Rainham or by proximity to you.
I have recentlydiscovered that Wolstenholmes have closed. They conducted my conveyancing in Rainham for a purchase of a freehold house 18 months ago. How can I check that the property is registered correctly in the name of the previous owner?
The quickest method to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Rainham conveyancing specialists.
My business partner and I are looking to take over a lease of a shop on the high street. Can you recommend lawyers offering fixed costs for commercial conveyancing in Rainham for under £2000?
We can recommend firms who have specialist knowledge of commercial conveyancing in Rainham, including the disposal and acquisition of businesses as well as simply property. If you are intending to acquire or sell a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right lawyer. As for the charges this will depend on the structure and complexity of the proposed transaction. Let us have your details or telephone us so that we may supply you with a fixed commercial conveyancing quote.