I am not well enough to travel far from Paddock Wood. What is the rationale as to why all Paddock Wood solicitors aren't automatically on all lender panels?

A decade ago most banks displayed an attitude to risk which is different than today. The financial regulator in 2010 instigated a thematic review into fraud which in summary warned lenders: know the solicitors on your panel. Accordingly, banks have subsequently requiredmore data from law firms regarding their operations and the individuals employed by them and set certain criteria such as completing a minimum volume of transactions. Hundreds of law practices have been excluded from lender panels even though they had 100% healthy track record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Many firms were never going to satisfy the criteria of volume of transactions the mortgage companies set.

Is there a reason why leasehold purchase conveyancing in Paddock Wood is more expensive?

In summary, leasehold conveyancing in Paddock Wood and Kent usually warrants extra due diligence compared to freehold transactions. This includes lease investigation, communicating with the landlord concerning the service of applicable notices, procuring current service charge and management information, procuring the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – no matter how many different proprietor have owned the lease since it was first entered into.

We just had an offer accepted to purchase with Darlington Building Society. I popped in 3 or 4 high street practices but cant to find a Paddock Wood conveyancing firm on the Darlington Building Society panel. Please you assist?

You should make use of the find a lender approved solicitor tool on this page. Please choose the mortgage company and type Paddock Wood or your preferred area and you will discover numerous conveyancers offices in Paddock Wood or by proximity to you.

I am thinking of appointing a conveyancing practitioner in Paddock Wood for my home move. Is it possible to check a solicitor's record with the legal regulator?

Members of the public can read documented Solicitor Regulator Association (SRA) determinations arising from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. To find information Pre 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator sometimes monitor call for training requirements.

Can you set out some of specific advantages to choosing a local conveyancing practitioner in Paddock Wood

Many purchasers and sellers in Paddock Wood decide on using a local conveyancing practitioner so that they can visit in the event that they have problems, and to deliver documents rather than run the risk of relying on the Royal Mail.

There is a marginal benefit when selecting a lawyer nearby to a property you are purchasing, due to the familiarity of the locality and possible local issues - nevertheless this is debatable. Most conveyancers are now by way of email and may be any place in the world.