We note that you have a search directory listing law firms on the UBS conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Hook?
We are a listing service only for law firms wishing to communicate if they are on the UBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hook.
Do I need to attend the offices of the solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Hook so that I can attend their offices if necessary.
Whereas this was necessary 15 years ago, almost all lenders no longer require their conveyancing panel solicitor to witness the mortgagors signature. It will still be necessary for you to provide ID documents and there are still manifest advantages to using a locally based ayer, in your situation a conveyancing solicitor in Hook.
We are buying a flat in Hook. I might seem paranoid but how we can trust a conveyancer? At some point we have to deposit our life savings 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.
Are all Hook Conveyancing Quality Solicitors on the UBS conveyancing panel?
It is true that some banks and building societies now make use of CQS as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of conveyancing solicitors.
Is it the case that all Hook solicitor firms on the Santander conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Santander approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. Many mortgage companies do allow licenced conveyancers on their panel in which case such firms would be governed by the CLC.
five months have elapsed since my purchase conveyancing in Hook concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a house in Hook ahead of retaining lawyers. I have been informed that there is a flying freehold aspect to the house. Our surveyor advised that some banks will refuse to grant a mortgage on a flying freehold property.
It varies from the lender to lender. HSBC has different requirements from Birmingham Midshires. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hook. Conveyancing will be smoother if you use a solicitor in Hook especially if they are accustomed to such properties in Hook.
I was advised by numerous selling agents in Hook to get a quote from a property lawyer using your seach tool. Is there a financial inducement for Estate Agents to market your services over another?
We don’t make any financial incentive for sending work in our direction. We found it would be just too difficult a fee as a client could think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.