My Hollywood solicitor has uncovered an inconsistency between the assumptions in the valuation survey and what is in the conveyancing documents. My solicitor informs me that he is duty bound to ensure that the bank is happy with this discrepancy and is content to go ahead. Is my lawyer’s course or action legitimate?
Your property lawyer must comply with the UK Finance Lenders’ Handbook specifications which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
We are planning to acquire a flat and need a conveyancing solicitor in Hollywood who is on the Virgin Money conveyancing panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Virgin Money . We don't recommend any particular firms conducting conveyancing in Hollywood.
Forgive me if this question is silly but I am wet behind the ears as FTB of a garden flat in Hollywood. Do I receive the keys to the property on the completion date from my conveyancer? If so, I will instruct a High Street conveyancing solicitor in Hollywood?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the purchase money to the owner’s conveyancers, and shortly after the monies have arrived, you should be called to receive the keys from the Estate Agents and start moving into the property. This tends to happen between 1 and 3pm.
Is it the case that all Hollywood solicitors on the HSBC conveyancing panel are governed by the SRA?
As solicitors, in order to be on the HSBC conveyancing panel they would need to be regulated by the SRA. The majority of lenders do list licenced conveyancers on their panel and in that case the practice would be overseen by the CLC.
We have agreed to purchase a house in Hollywood. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Skipton be concerned?
As you are obtaining a mortgage with Skipton your lawyer must follow the formal instructions contained in Section 2 of UK Finance Lenders’ Handbook for Skipton. The Council of Mortgage Lenders’ Handbook sets out minimum requirements for solar panel roof-space leases, and conveyancing practitioners are required to report to Skipton where a lease fails to meet these conditions. The specifications relate to the installation of panels on properties countrywide and is not restricted to Hollywood.
I note that there are debates on Chancel Insurance on online forums. Do I require this when buying a property in Hollywood? or I am told that there is an ancient law that means some homeowners residing in a parish church boundary will be compelled to contribute towards maintenance towards the chancel within the church. Is this suitable for conveyancing in Hollywood?
Unless a previous acquisition of the premises took place post 12 October 2013 you could take it that conveyancing practitioners handling conveyancing in Hollywood to remain encouraging a chancel search and or chancel repair liability insurance.
I used Arc property Solicitors a few years past for my conveyancing in Hollywood. Now, I need my files however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Hollywood of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
My wife and I have recently appointed a conveyancing solicitor in Hollywood. I I would like to check if they are listed on the bank's conveyancing panel. Can you or the lender confirm if they are on the panel?
It’s a good idea contact the solicitor to check if they are on the lender's panel. If that does not help call us and we can make some checks for you. If they are not on the lender panel we can certainly arrange a reputable conveyancing solicitor in Hollywood on the approved list for your lender.