Much to our surprise we have been advised by our financial adviser that my Hounslow the law firm I have appointed is not on the lender Solicitor panel. What can I do to be sure if this is correct?
Your first step should be to contact your Hounslow conveyancer. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they may be able to suggest a Hounslow conveyancing practice that is on the conveyancing panel for your mortgage company.
We are a couple about to exchange contracts for a ground floor flat in Hounslow. We encountered a snag. Our mortgage offer with Virgin Money expires on 12/2/2026 but the sellers are insisting on a completion date of 16/2/2026. Can one prolong the mortgage offer?
The best person to deal with your question is your solicitors who will hopefully determine if he or she is should be discussing with the mortgage broker, owner’s representatives, estate agents or conceivably all three based on the circumstances your conveyancing to date.
Is there a reason why leasehold purchase conveyancing in Hounslow is more expensive?
The conveyancing charges for a leasehold property in Hounslow is inevitably greater as compared to a freehold transaction. This is due to the extra investigations necessary in corresponding with the landlord and management company to obtain information about whether the rent and service charges have been cleared and whether there are any significant expenditure in the near future on repairs or maintenance of the block.
Are the BSA intent on creating a search tool with a view to to identify law firms on the Earl Shilton BS conveyancing panel for instance in Hounslow?
We are not aware of any plans on the part of the BSA to promote such a tool.
I was recommended by numerous property agents in Hounslow to locate a conveyancer using your seach tool. Is there a financial advantage for Estate Agents to offer your site over a competitor’s?
We refuse to give any commission for directing people our way. We thought it would be too underhand a fee as a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
My fiance and I are purchasing a four room flatin Hounslow with a mortgage from a mortgage company. We have a conveyancer in Hounslow but our lender inform us now that she’s not listed on their "panel". Apparently we need to choose one of the our bank panel firms or keep our Hounslow solicitor and pay for one of their panel ones to represent our mortgage company. This seems very unfair; is there anything we can do?
Unfortunately,no. The mortgage company mortgage issued is subject to conditions, one of which will be that lawyers will on the mortgage company's conveyancing panel. Until recently, most banks had large numbers of law firms on their panels, including most conveyancing solicitors in Hounslow : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for your mortgage company.