My IFA requires my Mapperley law firm’s panel reference for the Nat West conveyancing panel. Can you suggest how I obtain this. I have contacted my local Mapperley branch but they cant find it on their system.
You are best placed to get this information from your Mapperley conveyancing practitioner . They maintain a central record lender panel numbers.
My lawyer has identified a a legal deficiency with the lease for the property we are purchasing in Mapperley. The seller’s lawyers have offered defective title insurance as a workaround. We are happy with insurance and will cover the costs. Our solicitor says that he must ensure that the bank is happy with this solution. Are we the client or is the bank?
Even though you have a mortgage offer from the bank does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook conditions. You and the mortgage company are the client. The appropriate lender conditions have to be complied with.
Can your site be used to recommend a Conveyancing solicitor in Mapperley even if I’m not buying or selling a house, for example if I wish to buy a shop in Mapperley with a loan from Bank of Scotland?
Our search tool is primarily there to find residential conveyancing solicitors in Mapperley but we have set out towards the end of this page some Mapperley commercial conveyancing firms. You will need to speak with the company directly to check if they are also authorised to represent Bank of Scotland
My husband and I decided to purchase a purpose built apartment in Mapperley with a residential mortgage from The Royal Bank of Scotland.We use our Mapperley conveyancing practitioner but The Royal Bank of Scotland informed us he's not listed on their approved list of firms. We have to appoint a The Royal Bank of Scotland panel firm or retain our preferred solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?
No, not really. The loan offered to you contains various provisions, one of which will be that conveyancers will be on the The Royal Bank of Scotland approved list. 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. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for The Royal Bank of Scotland
We are planning on selling our home in Mapperley and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A local lawyer would know this is not the case. For the life of me I don't know why the purchasers used an internet conveyancing practice rather than a conveyancing solicitor in Mapperley. Having lived in Mapperley for three years we know that this is a non issue. Should we get in touch with our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)