I can't travel far from Camden. Can you please clarify why all Camden conveyancers aren't included on all bank panels?

Banks highlight the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud every year.The removal of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its conclusions included recommendations for mortgage companies to review their conveyancing panels, which kicked off a major policy change in the sector. It resulted in lenders culling less reputable firms off their books of approved lawyers .

At what point can the exchange of contracts take place for sale conveyancing in Camden and am I required to be at the lawyers office?

If you are near to our conveyancing solicitors in Camden you are invited in to sign the paperwork. That being said, the firms we recommend supply a countrywide conveyancing service and give just as detailed and professional a job for you when communicating with you electronically. The signing of the sale agreement is not the point of no return. A signed contract is necessary for the solicitor to officially exchange at the suitable time, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Camden)to be in the office available at the end of the phone to exchange contracts.

We are close to exchanging contracts on the sale of our home in Camden and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any high street Camden lawyer would know this is not the case. It does beg the question why the buyers used a nationwide conveyancing firm rather than a conveyancing solicitor in Camden. Having lived in Camden for six years we know of no issue. Should we get in touch with our local Authority to seek confirmation need.

It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)

How does conveyancing in Camden differ for new build properties?

Most buyers of new build premises in Camden come to us having been asked by the seller to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Camden usually buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Camden or who has acted in the same development.

My wife and I have recently appointed a conveyancing solicitor in Camden. I I would like to check if they are on the bank's approved list of lawyers. Could you assist?

You should phone the lawyer to enquire if they are on the bank's approved list. If that does not help get in touch with us and we can make some checks for you. If they are not on the bank panel we can certainly arrange a specialist conveyancing solicitor in Camden on the panel for your lender.