I am purchasing an apartment in Haggerston. My Solicitor is not on the lender solicitor list. Is it possible for me to appoint my Haggerston conveyancing solicitor even though they are not on the lender approved list?
You have a couple of choices open to you here
- Complete the deal with your preferred Haggerston solicitor but your mortgage company will no doubt instruct a property lawyer on their approved panel. The net result is additional cost together with probable interruption.
- Appoint a new property lawyer to act in the purchase, obviously checking they are on the lender conveyancing panel.
- Convince your conveyancing practitioner to attempt to join the lender panel
The Haggerston conveyancing firm handling our Haggerston conveyancing has uncovered a difference when comparing the assumptions in the home valuation report and what is in the title deeds. My lawyer informs me that he needs to ensure that the bank is happy with this discrepancy and is still content to lend. Is my solicitor’s course or action appropriate?
Your property lawyer must comply with the UK Finance Lenders’ Handbook specifications 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 both parties.
How up to date is your database of Haggerston solicitors on the UBS conveyancing panel? Do UBS send you an updated list?
Haggerston conveyancing firms themselves provide us confirmation that they are on the UBS conveyancing panel as opposed to being supplied with a list from UBS directly.
How do I find out if the solicitor carrying out my conveyancing in Haggerston is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays thus spending £192.00 in supplemental legal charges.
You should take advantage of the find a lender approved solicitor tool on this site. Please choose the lender and type ‘Haggerston’ or your location and you will be presented with numerous conveyancers located in Haggerston or near you.
I need some fast conveyancing in Haggerston as I have pressure to exchange contracts inside 3 weeks. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are not taking a mortgage you are at free not to have searches conducted although no law firm would advise that you don't. With plenty of history conveyancing in Haggerston the following are instances of issues that can show up and adversely impact the marketability of the property: Refused Planning Applications, Overdue Charges, Overdue Grants, Road Schemes,...
How does conveyancing in Haggerston differ for newly converted properties?
Most buyers of new build residence in Haggerston come to us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the residence is built. This is because builders in Haggerston usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Haggerston or who has acted in the same development.