My mortgage broker has requested my Green Street Green solicitor’s panel reference for the Santander conveyancing panel. What is the best way to find this out. I have called my local Green Street Green office but they have not got back to me yet.
The sensible thing to do is ask for this information from your Green Street Green solicitor . Most Green Street Green law firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
I had intended to instruct a property lawyer in Green Street Green for our house purchase. Our broker has since notified us that our mortgage lenders Barclays won't deal with them. Why is this not regarded as unfair competition?
A decade ago most lenders had an appetite for risk which was higher than today. Almost all Green Street Green conveyancing firms would have been on most mortgage company panels. The Financial Services Authority in 2010 carried out a thematic review into mortgage fraud which concluded: know the conveyancing solicitors dealt with. Consequently, lenders are increasingly seeing more data from law firms relating to their operations and the individuals who work for them as well as set certain criteria such a completing on a minimum volume of conveyancing. Many Green Street Green conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Green Street Green is amongst the numerous areas where the lawyers showing on our search results are are approved Barclays .
A relative pointed out to me me that in buying a property in Green Street Green there could be various restrictions prohibiting external alterations to the property. Is this right?
We are aware of a number of properties in Green Street Green which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Green Street Green should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We are purchasing a 3 bedroom semi in Green Street Green. Our aim is to carry out an extension to the side at the house.Will legal due diligence on the property involve checks to determine if these works are prohibited?
Your conveyancer will review the registered title as conveyancing in Green Street Green can on occasion identify restrictions in the title documents which prevent categories of changes or necessitated the permission of another owner. Many extensions require local authority planning permissions and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor before you commit yourself to a purchase.
Is it the case that all Green Street Green solicitor practices on the TSB conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the TSB approved list of solicitors they would need to be overseen by the SRA. The majority of mortgage companies do list licenced conveyancers on their panel and in that case the practice would be overseen by the CLC.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Green Street Green is the location of the property. What do you suggest?
Flying freeholds in Green Street Green are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Green Street Green you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Green Street Green may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I was recommended by numerous property agents in Green Street Green to get a quote from a solicitor using your seach tool. Is there a financial inducement for Estate Agents to promote your site over and above a competitor’s?
We don’t offer any financial incentive for sending work in our direction. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.