Am I correct in assuming that the fact that my solicitor in Harold Hill is not identified on my mortgage company's solicitor panel that there is a problem with the standard of her conveyancing?
It would be unwise to jump to that conclusion. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer 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 Harold Hill conveyancing practice and enquire why they are no longer on the approved list for your lender.
What is the first thing I need to know about purchase conveyancing in Harold Hill?
You may not hear this from too many lawyers but conveyancing in Harold Hill or throughout London is often a confrontational process. In other words, when it comes to conveyancing there exists lots of room for friction between you and others involved in the house moving process. E.g., the vendor, estate agent and on occasion a lender. Choosing a law firm for your conveyancing in Harold Hill is a critical decision as your conveyancer is your adviser, and is the ONLY party in the process whose interest is to look after your legal interests and to protect you.
There is a distinct emergence in the "blame" culture- someone must be at fault for the process taking so long. You your first instinct should be to trust your conveyancer ahead of all other parties when it comes to the legal assignment of property.
My husband and I wish to acquire a newbuild apartment in Harold Hill with a mortgage from Godiva Mortgages Ltd.We use our Harold Hill conveyancing solicitor but Godiva Mortgages Ltd advised that he's not on their "panel". we are left little option but to use a Godiva Mortgages Ltd panel lawyer or retain our high street solicitor and fork out for a Godiva Mortgages Ltd panel lawyer to represent them. This seems very unfair; is there anything we can do?
No, not really. The mortgage issued to you is subject to its various provisions, one of which will be that solicitors needs to be on the Godiva Mortgages Ltd approved list. in the past, most lenders had large numbers of law firms on their panels: a borrower could choose 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. A further alternative is for your solicitors to apply to be on the conveyancing panel for Godiva Mortgages Ltd
My company is planning to take an assignment of a lease of an office on the high street. Can you recommend conveyancers offering fixed charges for commercial conveyancing in Harold Hill for less than £2000?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Harold Hill, including the disposal and purchase of businesses as well as simply property. Whether you are looking to buy or dispose of a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right lawyer. As for the charges these will vary based on the structure and nuances of the proposed transaction. Let us have your contact information or telephone so as to enable us to furnish you with comprehensive commercial conveyancing quote.
We are one month into a residential purchase having been recommend to a firm by the selling agent to handle our conveyancing in Harold Hill. I am not happy. Can you help me find new conveyancers?
They would need to be really poor in order to consider replacing them. Has the loan offer been generated? If so you will need to make them aware of the new lawyer and get the mortgage documents are re-sent. The conveyancer needs to be on the mortgage company approved list to avoid escalating expenses and complications. So that should be your starting point. Our find a solicitor tool will help you find a lender approved conveyancer for your home move in Harold Hill
I am buying a flat and cash is in place. I have provided lawyer with two separate forms of photographic ID, bank statement, multiple utility bills. Now he needs a copy from a probate lawyer stating that the funds are legitimate and that it has come from inheritance and not selling fake watches.
In today’s world you will not be able to complete any Harold Hill conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Establishing of your source of funds is required under Money Laundering Regulations.