I am expecting a mortgage offer from Halifax. I intend to instruct a Licensed Conveyancer in Hammersmith. Does the Halifax Solicitor panel exclude conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My wife and I are purchasing a house in Hammersmith. It might be a silly question but how we can trust a lawyer? At some point we will need to send money into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is it the case that all Hammersmith solicitor practices on the Nottingham conveyancing panel are governed by the SRA?
As solicitors, in order to be on the Nottingham conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Some banks do permit licenced conveyancers on their panel and in that case the practice would be overseen by the CLC.
I have instructed a Hammersmith lawyer having made sure that they are on the TSB conveyancing panel. Does my lawyer arrange the survey of the property?
TSB will need an independent valuation of the property. Your lawyer will not arrange this. Usually TSB will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your property lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Hammersmith postcode. As you are getting a mortgage with TSB, you could contact them to see if they have a list of approved surveyors in Hammersmith.
five months have gone by following my purchase conveyancing in Hammersmith completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £160,000. 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 property 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.
I am buying a new build house in Hammersmith with a mortgage from Norwich and Peterborough Building Society. The developers refused to reduce the price so I negotiated 6k of additionals instead. The estate agent suggested that I not to tell my lawyer about this extras as it would 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 developer 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.
I'm converting the mortgage on my existing property to a buy to let mortgage with Britannia and intend to use the remaining equity as a down payment on a second house. The location we are interested in is Hammersmith. Will your conveyancers be able to act for both sets of banks and link together the transactions?
Make use of our comparison tool on this page to check that the solicitors are on the appropriate lender panels. Having checked that they are the lawyer will be able to tie up the two deals but you should have a chat with you solicitor and make clear your expectations and requirements.
Searching for a conveyancing solicitor in Hammersmith. I did have one sorted but they are not on the approved list of Clydesdale. It would appear that nowadays most banks only allow solicitors on their panel. Very annoying limiting the choice for the paying public. Can you refer me to a good Hammersmith conveyancing practitioner that can help us as well as represent Clydesdale?
LenderPanel.com is limited to being a directory service for solicitors who wish to be listed as being on the approved conveyancing panel for Clydesdale in certain locations for example Hammersmith . Our intention is not to recommend any specific lawyer.