It has come to my attention via my financial adviser that my Danbury property lawyer is not on the bank Solicitor panel. How can I be sure if this is correct?
You need to contact your Danbury conveyancer. You lawyer should inform you of the situation. If they are not on the panel they may be able to suggest a Danbury conveyancing firm that is on the approved list of lawyers for your lender.
Our lawyer has uncovered a defect with the lease for the property we are buying in Danbury. The other side have put forward title insurance as a solution. We are happy with insurance and will pay for it. Our solicitor says that he must ensure that the mortgage company is willing to move forward with this solution. Are we the client or is the mortgage company ?
The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the bank are the client. Your solicitor must comply with the UK Finance Lenders’ Handbook conditions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the lender can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your solicitor will have no choice but to discontinue acting for you.
Are the BSA planning on creating a online directory to list firms on the Darlington Building Society conveyancing panel for instance in Danbury?
We are not aware of any plans on the part of the BSA to develop such a search facility.
Taking into account that I am about to part with £400,000 on a house in Danbury I wish to have a conversation with the conveyancer concerning thetransaction prior to instructing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be carrying out your conveyancing in Danbury.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter reference. The practices that we put you in touch with believe that the figure you are provided with for your conveyancing in Danbury should be the figure that you end up paying.
Are all Danbury solicitors on every lender conveyancing panel?
The Lexsure search tool on this page may be of use or you can pop into your high street bank branch in Danbury. the probability is that they will be in a position to recommend some approved conveyancing solicitors in Danbury