I can't travel far from Hawarden. I would like to know the reason why all Hawarden conveyancers are not on all bank panels?
A decade ago most lenders exhibited an approach to risk which is different from today. The financial regulator in 2010 instigated a thematic review into property fraud which in summary warned lenders: know the property lawyers on your panel. Consequently, banks have subsequently soughtmore information from law firms concerning their processes and the staff who work for them and set certain criteria such as completing a minimum number of transactions. Thousands of law practices have found themselves excluded from lender panels even though they had 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Such firms found it impossible meet the minimum volume of transactions the lenders set.
The property market in Hawarden is hotting up. What can be done to expedite the conveyancing process?
In a situation where you are under time constraints to complete it is highly recommended that your conveyancer is familiar with the area as they will have local contacts and know-how. It is even conceivable that they could have handled previoushomes in the same road. You would be best advised to use a Hawarden conveyancing solicitor. Second, be sure that the lawyer is on the member panel. It is understood that 18% of Hawarden conveyancing deals are held up or derailed after finding out that a purchaser’s solicitor was not on their banks panel. This can often result in the conveyancing being delayed by as much as 21 days. It is understood that this issue affects approximately 100,000 home moves annually. Many Hawarden conveyancing firms can not represent certain mortgage companies so do check as early as possible.
I am purchasing a property and need a conveyancing solicitor in Hawarden who is on the National Westminster Bank solicitor. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for National Westminster Bank in certain locations such as Hawarden. We dont recommend any particular firm.
How does conveyancing in Hawarden differ for newly converted properties?
Most buyers of new build residence in Hawarden approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because new home sellers in Hawarden usually buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Hawarden or who has acted in the same development.
Due to the input of my in-laws I had a survey completed on a property in Hawarden before appointing solicitors. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some banks may refuse to give a loan on this type of property.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. If you call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Hawarden. Conveyancing will be smoother if you use a solicitor in Hawarden especially if they regularly deal with such properties in Hawarden.
I am thinking of appointing a conveyancing practitioner in Hawarden for my home move. Is there any facility to see a firm’s complaints history with the legal regulator?
Anyone can search for documented Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The SRA sometimes recorded telephone calls for training requirements.