Is the fact that my solicitor in Hatton Park is not on my lender's conveyancing panel that there is a problem with the quality of his conveyancing?
That would most likely be a wrong assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume 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. Where you are concerned you should simply call the Hatton Park conveyancing practice and ask them why they are no longer on the approved list for your mortgage company.
I have been referred to a conveyancing solicitor in Hatton Park. I need to find out whether they are accepted on the Norwich and Peterborough Building Society conveyancing panel. Could you help?
You should call your conveyancer and enquire whether they can act for the lender. Otherwise you can call Norwich and Peterborough Building Society who may be able to help.
My wife and I are buying a apartment in Hatton Park. It might be a silly question but how we can trust a solicitor? On the day of competition we have to send funds 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.
I currently have a mortgage with HSBC for my property in Hatton Park. Conveyancing has been completed months ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform HSBC?
Your original mortgage agreement with HSBC will provide that you need their approval before letting out your property as this is likely to be a breach of HSBC’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact HSBC directly. You need not do this via a HSBC conveyancing panel solicitor.
I am selling my house. I had a double glazing fitted in November 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Clydesdale are being pedantic. The Hatton Park solicitor who is on the Clydesdale conveyancing panel is recommending indemnity insurance as a solution but Clydesdale are insisting on a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I have justdiscovered that Arc property Solicitors have been shut down. They carried out my conveyancing in Hatton Park for a purchase of a leasehold flat 9 months ago. How can I be sure that my home is in my name in the name of the previous owner?
The quickest method to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hatton Park conveyancing specialists.
I'm remortgaging my current home to a BTL loan with Barclays Direct and I will use the rest of the raised equity towards a second house. The location we are looking at is Hatton Park. Will your lawyers be able to act for both sets of lenders and link together the transactions?
Do use our search tool on this site to ensure that the conveyancers are approved by both mortgage companies. Assuming that they are your solicitor will be able to connect the two transactions but you should talk with you solicitor and make clear your expectations and needs.
New build sellers have suggested I use a solicitor and I've sought an estimate from them. It's nearly two hundred pounds cheaper than my family Hatton Park conveyancer. Should I use them?
Developers often have panels of conveyancers who expedite matters and who know the builder's contract and property lawyer. Plenty of developers offer an incentive to select their approved conveyancer for this reason, any increased fees can be avoided and a builder won't recommend a conveyancing warehouse and run the risk of having the transaction stall when they require an exchange in 28 days. A counter-argument for not agreeing to use the recommended conveyancer is that they may prove unwilling to fight for your interests for fear of alienating the housebuilder. If you worry that this may be the situation you should keep with your local Hatton Park property lawyer.