My wife and I are hoping to purchase a house in Romney and have instructed a Romney conveyancing firm. 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. Accord Mortgages Ltd have this afternoon contacted us to advise us that there is now an issue as our Romney conveyancer is not on their approved list of lawyers. Please explain?
If you are buying a property with the assistance of a mortgage it is normal for the purchasers' lawyers 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 property lawyer should contact your bank 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 are not legally obliged to appoint a law firm on the lender’s conveyancing panel as you are at liberty to use your preferred Romney lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.
Can the conveyancing practitioners indexed on your site conduct right to buy conveyancing in Romney?
We do have numerous conveyancing specialists carrying out right to buy conveyancing You should contact us in order to secure a costs calculation.
Are the BSA intent on creating a searchable register to to identify solicitors on the Melton Mowbray Building Society conveyancing panel for instance in Romney?
We have not been informed any intention on the part of the BSA to promote such a tool.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, no chain conveyancing. Romney is where the house is located. Is there any guidance you can give?
Flying freeholds in Romney are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Romney you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Romney may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
As co-executor for the will of my grandmother I am selling a house in Cardiff but I am based in Romney. My lawyer (who is 200 kilometers from mehas requested that I sign a stat dec before completion. Could you suggest a conveyancing lawyer in Romney who can witness this legal document for me?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are based in Romney