Unfortunately I am unable to travel far from Chingford. I would like to know the logic why all Chingford lawyers are not on all mortgage company panels?
Banks highlight the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud annually.The dismissal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its outcome included recommendations for mortgage companies to review their conveyancing panels, which triggered a major policy change in the sector. This resulted in mortgage companies culling a number of firms from their panel of approved lawyers .
Completed the sale of my flat in Chingford last May but the buyer keeps telephoning every few hours to moan that her lawyer needs to hear from mine. What should have happened now that I have sold?
Following your disposal your solicitor should send the transfer documentation and all additional paperwork to the purchaser's lawyers. If applicable, your solicitor should also confirm that the home loan has been repaid to the buyers lawyers. There are no post completion procedures just for conveyancing in Chingford.
It has been four months since my purchase conveyancing in Chingford concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
My father has encouraged me to appoint his conveyancing solicitors in Chingford. Should I choose my own solicitor?
No doubt it’s preferable to choose a conveyancing practitioner is to get feedback from friends or relatives who have experience in using the solicitor that you are are thinking of instructing.
For various reasons I am unfit to attend my Chingford conveyancing practitioners office to sign documents for conveyancing in Chingford – will this be problematic?
Not a problem. Chingford conveyancing solicitors can deal with conveyancing transactions for clients who are based anywhere. You are unlikely to be required to be present a Chingford conveyancers office. They can deal with all communications remotely from their Chingford office.