We note that you have a search directory identifying law firms on the Virgin Money conveyancing panel. Do companies pay you a commission if I instruct them for our conveyancing in Hampton?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hampton.
I am the sole beneficiary of my late father’s estate with all property in now in my sole name, including the my former home in Hampton. Conveyancing formalities meant that the Land Registry date was in November. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship may be treated the same way as if I'd bought the house in November. Do I have to wait 6 months to sell?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be impacted by that. How practical a view lenders take of it, depend on the mortgage company as this provision is principally there to pick up on subsales or the wholesaling and assigning of property.
Is there a list of Kent Reliance panel solicitors in Hampton on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such directory service on the CML or Building Society Association websites. Very few lenders make their panel listings visible online. If you are in need of a Hampton lawyer on the Kent Reliance please use our facility.
After months of negotiation I have agreed a price on an apartment in Hampton. My mortgage broker suggested a solicitor. I paid an upfront payment of £225. A few days later, the property lawyer called me sheepishly admitting that they were not on the TSB conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the TSB panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
What does a local search inform me concerning the property I am purchasing in Hampton?
Hampton conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations for instance Xpress Legal The local search is essential in every Hampton conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search should reveal data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
It has been 3 months since my purchase conveyancing in Hampton concluded. I have checked the Land Registry site which shows that I paid £175,000 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 residence 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.
In surfing the web for the words conveyancing in Hampton it shows results of numerous conveyancersin the area. With so much choice what is the best way to find the suitable property lawyer for my move?
The preferential method of seeking a suitable conveyancer is via trusted referral, so ask colleagues and those you trust who have purchased a property in Hampton or a local estate agent or financial adviser. Fees for conveyancing in Hampton vary, so it's advisable to secure at least three fee calculations from different property lawyers. Make sure that you know that the fees are fixed.
Can you set examples of distinct benefits to using a local property lawyer in Hampton
Home movers in Hampton opt for a nearby high street property lawyer so that they can pop into the firm’s offices just in case they have questions, and to deliver paperwork rather than run the risk of relying on the Royal Mail.
We would allege that there exists a distinct edge when selecting a solicitor nearby to a house you are planning to purchase, due to the familiarity of the area and possible local concerns - however this is debatable. The majority of conveyancers undertaking their communications through email and could be based anywhere.