I had intended to instruct a property lawyer in Hartfield for our home move. Our broker has since notified us that our mortgage company Barnsley Building Society won't deal with them. Why is this not regarded as unfair competition?
Mortgage Companies in the main imposes restrictions either the category or the amount of conveyancing practices on their panel. Typical examples of such criteria being that a firm must not be a sole practitioner. In addition to restricting the profile of firm, some have reduced the amount of firms they allow to represent them. Be aware that Barnsley Building Society have no responsibility for the quality of advice provided by any member of Barnsley Building Society Conveyancer Panel. Mortgage fraud was a primary driver in the rationalisation of conveyancing panels since 2008 even though there remains mixed views about the extent of solicitor engagement in some of that fraud. Figures from the Land Registry reveal that thousands of law firms, including some in or near Hartfield only perform one or two conveyances a year.
Various internet forums that I have visited warn that are the main cause of stalling in Hartfield conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances during the legal transfer of property. Local searches are unlikely to feature in any slowing down conveyancing in Hartfield.
Despite weeks of looking the Title Certificate and documents to our house are lost. The conveyancers who conducted the conveyancing in Hartfield 4 years ago no longer exist. What are my options?
As long as the title is registered the information relating to your proprietorship will be documented by the Land Registry under a Title Number. It is possible to carry out a search at the Land Registry, locate your property and secure up to date copies of the property title for a small fee. Where the property is Leasehold then the Land Registry will usually hold a file duplicate of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Hartfield is where the house is located. Can you shed any light on this issue?
Flying freeholds in Hartfield are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hartfield you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hartfield may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am using a search engine for the term on line conveyancing in Hartfield it brings up numerous property lawyerslocally. How do I determine which is the suitable conveyancing solicitor for me?
The best way of seeking a suitable conveyancer is via personal testimonial, so enquire of friends and relatives who have bought a property in Hartfield or the reputable estate agent or financial adviser. Costs for conveyancing in Hartfield vary, so it's a good idea to request a minimum of four fee estimates from different conveyancers. Dont forget to clarify that the fees are fixed.
I acquired a property in Hartfield last 27/12/2024 and to date it is still not recorded with HM Land Registry. It is part of a development site and my lawyer told me that it may take twelve months to register. I have called the Land Registry directly and they have informed me the initial application was cancelled due to questions not being addressed in time. Do I need to be concerned?
It is your conveyancing practitioner that you really need to turn to here in order to satisfy any issues which have arisen as part of the registration process for your Hartfield property. Normal Hartfield conveyancing practice includes an undertaking on the part of the vendor’s property lawyer that they will help resolve any requisition raised by HMLR so it may be a case of seeking to enforce that undertaking if necessary.