We note that you have a post code search directory identifying solicitors on the Principality conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Hoxton?
We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hoxton.
My grandmother passed away six months ago and as sole heir and executor I was left the property in Hoxton. The house had a relatively small loan left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Co-operative, pay off the mortgage. Is this possible?
Where you plan to refinance then Co-operative will insist on your using a conveyancer on the Co-operative conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Co-operative conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Co-operative mortgage is registered as a charge at the Land Registry.
I used Wolstenholmes a few years ago for my conveyancing in Hoxton. I now require my file but the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate 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 Hoxton of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the guidance of my in-laws I had a survey completed on a property in Hoxton in advance of appointing conveyancers. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some banks tend refuse to grant a mortgage on a flying freehold house.
It varies from the lender to lender. HSBC has different requirements for example to Nationwide. Should you wish to telephone us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hoxton. Conveyancing will be smoother if you use a solicitor in Hoxton especially if they are acquainted with such properties in Hoxton.
I'm converting the mortgage on my primary house to a BTL mortgage with Alliance & Leicester and I will use the rest of the raised equity as a deposit on further house. The neighborhood we are interested in is Hoxton. Will your solicitors be able to act for both sets of lenders and tie in the conveyances?
Do use our search tool on this site to check that the conveyancers are approved by both mortgage companies. Assuming that they are your conveyancer will be able to tie up the two deals but you should have a chat with you solicitor and specify your expectations and needs.
My son is embarking on her first house purchase, the home loan was agreed last week in principle. When the seller agreed the offer on the house we rang the mortgage company to move forward with his. We were shocked to hear that mortgage lenders do not accept all property lawyer, they must be on their panel, is this correct?
Banks normally imposes restrictions either the type or the number of conveyancing firms on their approved list of lawyers. A common example of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that banks have no responsibility for the quality of advice provided by any Hoxton property lawyer on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Probably not.