I am not well enough to travel far from Copthorne. I would like to know the understand why all Copthorne lawyers aren't included on all mortgage company panels?

Lenders ordinarily impose restrictions on either the nature or volume of conveyancing practices on their panel. A common example of such restriction(s) being that the firm needs to have at least two partners. As well as restricting the structure of firm, some banks made a decision to limit the size of their panel they permit to represent them. You should note that mortgage companies have no liability for the quality of advice given by any Copthorne conveyancer on their approved list. Mortgage fraud was the primary trigger for the rationalisation of solicitor panels a few years ago notwithstanding that there are opposing assessments about the extent of solicitor involvement in some of that fraud. Data via HM Land Registry reveal that thousands of law practices only transact one or two conveyances annually. Those advocating conveyancing panel cuts question why conveyancing firms should have claim to be listed on a conveyancing panel when clearly conveyancing is not their speciality?

Do all mortgage companies provide you with an approved list of Copthorne conveyancing solicitors? How do you know who is on the Lloyds conveyancing panel?

Copthorne conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.

We are buying a apartment in Copthorne. I might seem paranoid but how we can trust a lawyer? On the day of competition we will need to put our life savings into their account. What protection do we have from them run away with our monies?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

Is it the case that all Copthorne conveyancing solicitors on the Coventry BS conveyancing panel are governed by the SRA?

As solicitors, in order to be on the Coventry BS conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Some banks do permit licenced conveyancers on their panel in which case such firms would be governed by the Council of Licensed Conveyancers.

The formalities of my remortgage has taken place for my property in Copthorne. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?

Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.

Over the last few months I have been searching for a flat up to £195,000 and found one close by in Copthorne I like with amenity areas and transport links nearby, however it only has 52 remaining years left on the lease. There is not much else in Copthorne for this price, so just wondered if I would be making a grave error buying a lease with such few years left?

If you require a home loan the shortness of the lease may be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.

I have instructed a Copthorne conveyancing solicitor for our house purchase (novice purchasers) and have noticed in the terms and conditions that they are not regulated by the Financial Conduct Authority. Should I be concerned or is that the norm with lawyer?

We can't see why they should be. Most solicitor don't lend money. They should be regulated by the SRA, who dictate specific laws in relation to amounts sitting by them.