My Conveyancer in Chalk Farm is not listed on the HSBC Bank Conveyancing Panel. Can I still retain my prefered solicitor even though they are excluded from the HSBC Bank panel of approved conveyancing solicitors?
Your options are as follows:
- Complete the purchase with your preferred Chalk Farm solicitors but HSBC Bank will need to instruct a lawyer on their panel. This will inevitably rack up the overall legal fees as well as cause frustration.
- Get an alternative solicitor to to deal with the conveyancing, not forgetting to check they are HSBC Bank approved.
- Persuade your HSBC Bank solicitor to try to join the HSBC Bank panel
What is the difference between a licensed conveyancer and conveyancing solicitor in Chalk Farm
There are many registered licenced Conveyancers in Chalk Farm and Solicitor partnerships in Chalk Farm to choose from It is important to make clear that the two are regulated professionals specialising in the legal aspects of the home buying process. They may both also handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
Forgive me if this question is silly but I am unexperienced as FTB of a two bedroom flat in Chalk Farm. Do I pick up the keys to the property on completion from my solicitor? If this is the case, I will find a local conveyancing solicitor in Chalk Farm?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the seller's conveyancers, and once they have received this, you will be invited to receive the keys from the Estate Agents and move into your new home. Usually this occurs early afternoon.
Is it correct that all Chalk Farm CQS (Conveyancing Quality Scheme) solicitors are on the Virgin Money conveyancing panel?
A selection of lenders now make use of the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS membership however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of firms.
I used Stirling Law several years ago for my conveyancing in Chalk Farm. I now require my papers however the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Chalk Farm of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying my first flat in Chalk Farm with the aid of help to buy. The builders refused to move on the price so I negotiated 6k of fixtures and fittings instead. The estate agent suggested that I not inform my lawyer about this extras as it may adversely affect my mortgage with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Are there any apps to assist me to locate a Chalk Farm solicitor on the Accord Mortgages Ltd conveyancing panel? I drive a motor bike and am willing to travel upto 10miles to meet the lawyer.
You can use the facility on this website. Please pick a lender and your location and you will see a number of Chalk Farm conveyancing lawyers located nearest you. We have detailed some Chalk Farm conveyancing firms at the bottom of this page and you can call them to verify if they are on the Accord Mortgages Ltd member panel
My brother has urged me to use his lawyers for conveyancing in Chalk Farm. Do I take his advice?
No doubt the ideal way to choose a conveyancing solicitor is to seek recommendations from friends or family who have actually previously instructed the conveyancer that you are considering.