I can't travel far from Sneyd Park. I would like to know the logic why all Sneyd Park solicitors are not on all bank panels?
Before the recession most lenders displayed an approach to risk which differs from the current day. The Financial Services Authority in 2010 instigated a thematic review into mortgage fraud which concluded: know the solicitors on your panel. Consequently, lenders have since soughtmore information from law firms regarding their operations and the staff who work for them and set certain criteria such as completing a minimum amount of transactions. Many firms have found themselves excluded from lender panels even though they had an exemplary track record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Many firms found it impossible satisfy the criteria of volume of transactions the lenders required.
I am selling my flat in Sneyd Park. Will the solicitor need to be on the RBS conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the RBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently at the moment.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Sneyd Park?
There are two types of lawyers who can perform conveyancing in Sneyd Park namely CLC regulated conveyancers or solicitors. The two can administer conveyancing services that you need to complete the sale or purchase of property. They are both required to conduct Sneyd Park conveyancing to the same standards and guidelines so you may be sure that your conveyancing will be professionally conducted and that all requirements and steps should be appropriately followed.
A friend advised me that in purchasing a property in Sneyd Park there could be a number of restrictions preventing external changes to a property. Is this right?
We are aware of a number of properties in Sneyd Park which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Sneyd Park should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Can you point me to a directory of Santander panel conveyancers in Sneyd Park on the Building Society Association’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. A small selection of banks make their panel listings viewable online. If you are in need of a Sneyd Park solicitor on the Santander please make the most of our tool.
I have justdiscovered that Wolstenholmes have closed. They conducted my conveyancing in Sneyd Park for a purchase of a leasehold flat 9 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The easiest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Sneyd Park conveyancing specialists.
My uncle has encouraged me to instruct his conveyancing solicitors in Sneyd Park. Should I use them?
Much as we are happy to recommend a Sneyd Park conveyancing lawyer it’s preferable to choose a conveyancing solicitor is to get recommendations from friends or relatives who have used the conveyancer you're are thinking of instructing.