The Hackney Marshes conveyancing firm handling our Hackney Marshes conveyancing has spotted a discrepancy when comparing the surveyor’s assumptions in the valuation report and what is in the legal papers for the property. My lawyer has advised that he needs to ensure that the bank is OK with this discrepancy and is still content to lend. Is my conveyancer’s approach appropriate?
Your lawyer must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
We wanted to use a conveyancing solicitor in Hackney Marshes for our home move. Our broker informed us that our mortgage company Norwich and Peterborough Building Society won't deal with them. Surely this is unduly restrictive?
A mortgage company may insist on a panel conveyancer act for it. You would be liable to meet the charges for this. Do use our tool to choose a solicitor to carry conveyancing in Hackney Marshes on the Norwich and Peterborough Building Society approved list of solicitors.
My father informed me that in buying a property in Hackney Marshes there may be a number of restrictions preventing external alterations to a property. Is this right?
We are aware of a number of properties in Hackney Marshes which have some sort of restriction or requirement of consent to external changes. Part of the conveyancing in Hackney Marshes should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
is it true that all Hackney Marshes conveyancing solicitors on the HSBC conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the HSBC conveyancing panel they would need to be overseen by the SRA. Some mortgage companies do list licenced conveyancers on their panel and in that case the firms would be regulated by the CLC.
I am purchasing a property in Hackney Marshes. One unusual aspect is that the roof has a solar panel. Barclays have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Barclays your lawyer must comply with the conveyancing instructions outlined in Section 2 of UK Finance Lenders’ Handbook for Barclays. The Council of Mortgage Lenders’ Handbook includes minimum conditions for solar panel roof-space leases, and lawyers are required to report to Barclays where a lease does not comply with these provisions. The provisions relate to the installation of panels on properties in England and Wales and is not restricted to Hackney Marshes.
Me and my brother have a 4 bedroom Georgian house in Hackney Marshes. Conveyancing lawyer represented me and TSB. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the matching address. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hackney Marshes and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing lawyer who conducted the purchase.
I'm converting the mortgage on my primary home to a BTL loan with HSBC Bank and intend to use the remaining equity as a down payment on another house. The area we are talking about is Hackney Marshes. Will your lawyers be able to act for both sets of banks and link together the two deals?
Do use our comparison tool on this site to check that the lawyers are approved by both banks. Having checked that they are your conveyancer will be able to connect the two conveyancing matters but you should talk with you lawyer and specify your desired outcome and needs.
I need to instruct a conveyancing solicitor for residential conveyancing in Hackney Marshes. I've stumble upon a site which looks to be the perfect solution If there is a chance to get all this stuff done via email that would be preferable. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?