We wanted to use a conveyancing solicitor in Pontypool for our house purchase. Our broker has since notified us that our mortgage lenders won't deal with them. Surely this is unduly restrictive?
Banks in the main restrict either the category or the amount of conveyancing solicitors on their panel. Typical examples of such restriction(s) being that a firm must have two or more partners. In addition to restricting the profile of firm, some have limited the amount of solicitor practices they use to represent them. You should note that have no responsibility for the quality of advice provided by any member of Conveyancer Panel. Mortgage fraud was a primary driver in the reduction of solicitor panels a few years ago even though there are mixed views regarding the extent of solicitor engagement in some of that fraud. Figures from the Land Registry reveal that plenty of law firms, including some in or near Pontypool only execute a couple conveyances a year.
Just acquired a detached house in Pontypool , how long should it take for the Land Registry to record my title? My Pontypool conveyancing solicitor works at snail pace, so I want to check that my name is recorded.
As far as conveyancing in Pontypool is concerned, registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timeframes can adjust depending on the party submitting the application, whether there are errors and if the Land registry communicate with any third parties. Currently in the region of 80% of such applications are fully dealt with in less than three weeks but occasionally there can be extensive delays. Registration occurs once the new owner is living at the premises therefore an expedited registration is not typically an essential issue yet if it is urgent that the the registration takes place urgently then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.
My husband and I are 3 weeks into a leasehold purchase having been referred to a firm by the selling agent to handle our conveyancing in Pontypool. I am not happy. Can you you assist me in finding new solicitors?
They would need to be very poor in order to consider diss instructing them. Has your mortgage been generated? If so you need to advise them of the new contact details and get the mortgage documents are re-issued. Your conveyancer needs to be on the banks approved list to avoid supplemental charges and delays. So that should be your first question of the new solicitors. The find a solicitor tool will help you find a lender approved solicitor for your home move in Pontypool