The housing market in Coniston is heating up. What can I do to accelerate the conveyancing process?
First, If you are under a tight deadline for your conveyancing it is highly recommended that your lawyer is familiar with the location as they will make use of local relationships and intelligence. It is even conceivable that they may have conducted previoushouses in the same street. Therefore consider using a Coniston conveyancing firm. Second, be sure that the conveyancing firm is on the member panel. It is estimated that nearly one in five of Coniston conveyancing transactions are held up or jeopardised after finding out that a buyer’s lawyer was not on their mortgage lender’s panel. In many cases this discovery resulted in the legal process being frustrated by almost three weeks. It is said that this issue impacts in the region of 100,000 home moves every year. Most Coniston conveyancing practices can not act for certain lenders so do check at the outset.
I had intended to instruct a conveyancing solicitor in Coniston for our home move. Our broker informed us that our mortgage lenders Accord Mortgages Ltd won't deal with them. Surely this is unduly restrictive?
A lender can require a panel solicitor act for it. Borrowers are liable to meet the charges for this. Please make use of our search facility to select a solicitor to carry conveyancing in Coniston on the Accord Mortgages Ltd conveyancing panel.
Are all Coniston Conveyancing Quality Solicitors on the Nationwide conveyancing panel?
It is true that some lenders now make use of the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their panels.
Is it the case that all Coniston conveyancing solicitors on the UBS conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the UBS approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel in which case such firms would be governed by the Council of Licensed Conveyancers.
Completion of my remortgage has taken place for my property in Coniston. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
How does conveyancing in Coniston differ for new build properties?
Most buyers of new build property in Coniston contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because house builders in Coniston typically buy the real estate, 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 conveyancing solicitors 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 accustomed to new build conveyancing in Coniston or who has acted in the same development.
I am looking for a conveyancing practitioner in Coniston for my remortgage. Can I check a firm’s record with the profession’s regulator?
You can see documented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. For information Pre 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training requirements.