I had intended to instruct a property lawyer in Shenstone for our home move. Our financial adviser has since notified us that our bank won't deal with them. Why is this not regarded as unduly restrictive?
Before the recession most banks had an appetite for risk which was higher than today. Almost all Shenstone conveyancing firms would have been on most lender panels. The Financial Services Authority in 2010 carried out a thematic review into mortgage fraud which concluded: know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more data from law firms about their operations and the individuals who work for them as well as establishing certain criteria such a completing on a minimum volume of conveyancing. Many Shenstone conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing.Shenstone is one of the thousands of locations where the solicitors we recommend are are authorised to act for .
Hoping to buy a property located in Shenstone and I am already nervous. I couldn't find anything specific about Shenstone. Conveyancing will be needed in due course but do you know about the Shenstone area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Shenstone. In the meantime here are some basic statistics that we found
We are 14 days into a leasehold purchase having been directed to solicitors by the local agent to perform conveyancing in Shenstone. I am am very dissatisfied with the level of service. Could you you assist me in finding new lawyers?
They would need to be very bad to suggest replacing them. Has the mortgage offer been sent? In the event that it has you will need to inform them of the new lawyer and have the loan are issued to the new lawyers. Your conveyancer should be on the mortgage company approved list to avoid escalating expenses and complications. So that should be your starting point. The find a solicitor tool will assist you in finding a bank approved solicitor for your conveyancing in Shenstone