My wife and I are hoping to acquire a house in Park Hill and are in fact using a Park Hill conveyancing firm. Within the past 48 hours our lawyer has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. Barclays Direct have this morning contacted us to inform me that they have now hit a problem as our Park Hill lawyer is not on their approved list of lawyers. Please explain?
Where you are buying a property requiring a mortgage it is usual for the purchasers' solicitors to also represent the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your property lawyer should contact your lender and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel and you may continue to use your own Park Hill solicitors, in which case your legal fees may increase, and it will likely delay the transaction as you are adding another lawyer into the mix.
We note that you have a search directory identifying firms on the Bank of Ireland conveyancing panel. Do firms pay you a referral fee if I instruct them for our conveyancing in Park Hill?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Park Hill.
When reading mumsnet.com for a cheap lawyer in Park Hill, many comment that I should instruct a CQS accredited lawyer. Can you explain what CQS is?
Park Hill Conveyancing Quality Scheme solicitors have obtained accreditation by the law Society The Law Society introduced CQS to promote high standards in the in the legal transfer of properties. CQS enables consumers to identify solicitor firms who provide a quality residential conveyancing. Park Hill is one of the many areas in England and Wales in which accredited firms have offices. The scheme requires solicitors to undergo a strict assessment, compulsory training, self-certification, spot checks and yearly assessments in order to maintain CQS status. It is available to solicitors and not licensed conveyancers and has the support of the Legal Ombudsman.
I am looking into buying my first house which is in Park Hill and I am already nervous. I couldn't find anything specific about Park Hill. Conveyancing will be needed in due course but do you know about the Park Hill area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Park Hill. In the meantime here are some basic statistics that we found
Me and my wife have just had a bid accepted on our 1st home in Park Hill, and need to get solicitors appointed. I have utilised the different comparison tools and the quotes are from all across the England and Wales. Is it essential to have a Park Hill property lawyer local to your prospective property? We are content to do all the communicating electronically, but I am thinking at some point we may need to physically go into the conveyancer's office to sign papers?
The lawyer does not need to be in Park Hill, but opting for local means that you can visit their offices if required, by way of example, if a signature is immediately necessary. Also, a Park Hill solicitor have established relationships with local agents and (if the vendor has chosen a local lawyer) with them, which should help smooth the process.