I instructed a Collier Row based firm for our conveyancing in Collier Row yesterday. Upon checking the official terms of business it is apparent thatwe are liable for fees even if the dealdoes not happen. Should I go with them or instruct a web based solicitor practice promoting no completion no cost conveyancing in Collier Row?
Generally there is a concession along the lines that if "No Sale No Fee" is advertised then the fee levels will tend to be be higher to neutralise those cases that abort. Do bear in mind that these schemes rarely cover outlay such your Collier Row conveyancing search fees.
My home in Collier Row is up for sale and I have accepted an offer. Does my conveyancer have to be required to be on the Nottingham conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Nottingham conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently in recent years.
We have agreed to purchase a house in Collier Row. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Clydesdale be concerned?
As you are obtaining a mortgage with Clydesdale your lawyer must check the conveyancing instructions contained in Section 2 of UK Finance Lenders’ Handbook for Clydesdale. The Council of Mortgage Lenders’ Handbook stipulates minimum specifications for solar panel roof-space leases, and conveyancers are required to report to Clydesdale where a lease does not satisfy these provisions. The conditions relate to the installation of panels on properties countrywide and is not limited to Collier Row.
It is not clear whether my bank requires a lease extension. I have called into my local Collier Row bank branch on various occasions and was advised it wasn't an issue and they will lend. My Collier Row conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they refuse to lend based on their published requirements. Who do I believe?
The lawyer has to follow the Council of Mortgage Lenders’ Handbook Part 2 provisions for your bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I had an offer accepted on a property in Collier Row on 5/3/2025, valuation was booked five days after, received a clean bill of health. Property lawyer instructed, so all that was missing was my mortgage offer. Having made daily calls to HSBC and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the HSBC conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when purchasing a property in Collier Row?
Unless a prior acquisition of the house completed post 12 October 2013 you could take it that lawyers delivering conveyancing in Collier Row to remain recommending a chancel search and or insurance against a claim.
It has been five months since my purchase conveyancing in Collier Row concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
My husband and I are 3 weeks into a leasehold purchase having been referred to a firm by the local agent to perform conveyancing in Collier Row. I am not happy. Could you you assist me in finding new conveyancers?
They would have to be very bad in order to consider diss instructing them. Has the mortgage been generated? If so you must make them aware of the new lawyer and ensure the offer are re-issued. The solicitor ideally should be on the mortgage company approved list to avoid escalating charges and complications. So that should be your starting point. Our find a solicitor tool will assist you in finding a lender approved solicitor for your conveyancing in Collier Row