Unfortunately I am unable to travel far from Walthamstow Village. What is the rationale as to why all Walthamstow Village conveyancers are not on all bank panels?

Mortgage Companies tend to restrict either the type or volume of conveyancing firms on their panel. A common example of such criteria being that a organisation must have at least two partners. As well as restricting the structure of firm, some banks for instance HSBC made a decision to limit the number of organisations they allow to represent them. It is worth noting that building societies have no responsibility for the quality of advice supplied by any Walthamstow Village conveyancing practitioner on their approved list. Mortgage fraud was a key driver in the reduction of conveyancing panels a few years ago even though there are conflicting assessments concerning the extent of solicitor involvement in some of that fraud. Data published by the Land Registry reveal that thousands of law organisations only conduct less than three conveyances a year. Those supporting conveyancing panel consolidation ask why law firms deserve the right to be on a conveyancing panel when clearly conveyancing is not their speciality?

I am purchasing a flat and require a conveyancing solicitor in Walthamstow Village who is on the Barclays Direct conveyancing. Can you recommend a local conveyancing firm?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Barclays Direct in certain locations such as Walthamstow Village. We dont recommend any particular firm.

Is it the case that all Walthamstow Village CQS (Conveyancing Quality Scheme) solicitors are on the Bank of Ireland conveyancing list of approved practices?

It is true that some lenders now use the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their panels.

After weeks of negotiation I have agreed a price on an apartment in Walthamstow Village. My mortgage broker suggested a lawyer. I paid an advanced payment of £200. A few days later, the lawyer contacted me sheepishly admitting that they were not on the Yorkshire BS conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Yorkshire BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

Our offer on a property in Walthamstow Village has been accepted, the vendors do however have a connected purchase. The vendors have placed an offer on somewhere, but it’s not yet tied up, and are looking at other apartments booked. I have chosen a local conveyancing solicitor in Walthamstow Village. What should be my next step? When should I get the mortgage application with RBS started?

It is understandable to have apprehensions where there is a chain as you are unlikely to want to incur costs too early (home loan application is in the region of £1k, then survey, Walthamstow Village conveyancing search costs, etc). First, you must check that your conveyancing practitioner is on the RBS conveyancing panel. As to the subsequent stages this very much dictated by the specifics of your transaction, desire for the property and on the state of the market. During a rising market the majority of buyers will apply for a home loan with RBS and arrange for the valuation and only if it was satisfactory would they request their conveyancer to move forward with the conveyancing in Walthamstow Village.

I have been advised by a number of selling agents in Walthamstow Village to locate a property lawyer using your seach tool. Is there a financial advantage for Estate Agents to promote your site rather than another?

We don’t offer any referral fee for directing people to this site. We thought it would be too underhand to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.

I previously told by my lender that their approved solicitors work on no sale no charge basis for conveyancing in Walthamstow Village. I had a purchase fall through yet the conveyancers have invoiced for search fees! They are claiming that the fees are nothing to do with their fees!

in offering "no sale no fee" Walthamstow Village conveyancing practices are foregoing their charges for any work conducted. We must stress this is NOT an insurance scheme. you will still be expected to cover any charges that the conveyancer has incurred for you such as Walthamstow Village local authority checks