Is the fact that my solicitor in Hampton Wick is not identified on my mortgage company's conveyancing panel that there is a problem with the quality of her conveyancing?
It would be unwise to jump to that conclusion. There are plenty of reasonable explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Hampton Wick conveyancing practice and enquire why they are no longer on the approved list for your bank.
Would the conveyancing practitioners indexed on your site handle right to buy conveyancing in Hampton Wick?
We do have numerous conveyancing practitioners who can handle right to buy conveyancing work Please e-mail the lawyers listed with a view to get a costs illustration.
We see that you have a post code search directory identifying solicitors on the Bank of Ireland conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Hampton Wick?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hampton Wick.
we are a couple who are buying a newbuild apartment in Hampton Wick with a loan from Santander.We have a Hampton Wick conveyancing solicitor but Santander advised that her practice is not on their approved list of member firms. we are left little option but to use a Santander panel lawyer or retain our high street solicitor and fork out for a Santander panel lawyer to act for them. We feel as though this is unjust; Can we not simply insist that Santander use our lawyer?
Unfortunately,no. The home loan offered to you contains terms and conditions, a common one being that lawyers needs to be on the Santander conveyancing panel. in the past, most banks had large numbers of law firms on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Santander
Will commercial conveyancing searches disclose proposed roadworks that may affect a commercial property in Hampton Wick?
Its becoming the norm that commercial conveyancing solicitors in Hampton Wick will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers spend in looking into accurate data on highways that impact buildings and development assets in Hampton Wick. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Hampton Wick.
For each commercial conveyancing transaction in Hampton Wick it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can result in delays to Hampton Wick commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Hampton Wick.
I dont have enough spare cash to pay a 10% deposit on my house purchase in Hampton Wick , but I am anxious proceed. Do I have options?
One option is to try and agree a lower deposit. Many property owners will agree to a lower deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second