Unfortunately I am unable to travel far from Nailsworth. Please clarify why all Nailsworth conveyancers aren't automatically on all mortgage company panels?
As unjust as it may seem for mortgage companies to limit who can represent them, from the public’s or lawyer’s point of view, the other side of the coin is that lenders are increasingly anxious and regard it imperative to defend themselves from mortgage fraud. As a result of this concern lenders have consolidated their conveyancing panel to a size that they are happy to control.
we are a couple who intend to purchase a 1 bedroom flat in Nailsworth with a loan from Birmingham Midshires.We like our Nailsworth conveyancing lawyer but Birmingham Midshires says he's not listed on their "panel". It seems we have little choice but to instruct a Birmingham Midshires panel lawyer or keep our high street solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The loan issued to you is subject to its various provisions, one of which will be that solicitors needs to be on the Birmingham Midshires solicitor panel. Until recently, most mortgage companies had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Birmingham Midshires
What does a local search reveal about the property my wife and I buying in Nailsworth?
Nailsworth conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company for example PSG The local search is essential in every Nailsworth conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your new home. The search will supply data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
Are there restrictive covenants that are commonly identified as part of conveyancing in Nailsworth?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Nailsworth. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am looking for a conveyancing practitioner in Nailsworth for my home move. Can I see a firm’s complaints history with the profession’s regulator?
Members of the public may find published Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find information Pre 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator may monitor telephone calls for training requirements.