Is the fact that my solicitor in Hook Norton is not identified on my bank's conveyancing panel that there is a problem with the quality of her conveyancing?
That would most likely be a wrong assumption to make. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Hook Norton conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
We are a couple about to exchange contracts for a ground floor flat in Hook Norton. We encountered a problem. The loan offer with National Westminster Bank runs out on 19/10/2026 but the owners are putting forward a completion date of 21/10/2026. Can one extend the mortgage expiry date?
The best person to address this issue is your lawyer who will hopefully calculate whether he or she is should be discussing with the mortgage broker, seller’s conveyancers, estate agents or conceivably all parties taking into account the circumstances your transaction as of today.
Can you clarify what the consequences are if my solicitor is removed from the Leeds Building Society Solicitor panel ahead of completing my conveyancing in Hook Norton?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
It has been five months following my purchase conveyancing in Hook Norton took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. 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 premises 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.
Given that I will soon spend £400,000 on 3 bedroom house in Hook Norton I wish to have a conversation with the solicitor concerning thehome move before appointing the firm. Is this something that you can arrange?
We could not agree more - we would be pleased to talk to you we do not take any clients on without you first talking to the lawyer due to be conducting your property ownership legalities in Hook Norton.There is no ‘factory style conveyancing’ - each client is an important person, not a case number. The practices that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Hook Norton should be the amount on the final invoice that you are charged.
Are all Hook Norton legal practices on every lender conveyancing panel?
The Lexsure search tool on this page may be of use or you can go into your local lender branch in Hook Norton. Chances are that they will be in a position to recommend some approved conveyancing solicitors in Hook Norton