I am not in a position to travel far from Hunstanton. I would like to know the reason why all Hunstanton solicitors are not on all bank panels?
Lenders point to the fact that solicitor-led fraud is considered to be responsible for millions of pounds of fraud every year.The dismissal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its conclusions included recommendations for mortgage companies to review their conveyancing panels, which triggered a major policy change in the sector. It led to mortgage companies culling a number of firms off their official list of approved solicitors .
Is there a reason why leasehold purchase conveyancing in Hunstanton costs more?
Hunstanton leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
Me and my partner are purchasing a flat in Hunstanton. It might be a silly question but how we can trust a lawyer? On completion day we will need to send money 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.
Intending to buy a flat in Hunstanton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Lloyds conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Hunstanton solicitor is on the Lloyds conveyancing panel.
My offer was accepted on an apartment in Hunstanton on 20/5/2025, valuation was booked 4 days after, received a clean bill of health. Conveyancer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Nottingham and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nottingham conveyancing panel. Are Nottingham entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.
My wife and I have a semi-detached Victorian property in Hunstanton. Conveyancing solicitor acted for me and HSBC Bank. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hunstanton and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with the conveyancing solicitor who conducted the conveyancing.
I decided to have a survey carried out on a house in Hunstanton in advance of retaining solicitors. I have been told that there is a flying freehold element to the house. My surveyor advised that some mortgage companies tend refuse to grant a loan on a flying freehold house.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. If you call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hunstanton. Conveyancing will be smoother if you use a solicitor in Hunstanton especially if they regularly deal with such properties in Hunstanton.
My business partner and I are hoping to take an assignment of a lease of an office on the high street. Can you recommend conveyancers offering competitive costs for commercial conveyancing in Hunstanton for below £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Hunstanton, including the sale and purchase of businesses as well as simply property. If you are hoping to buy or sell a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right solicitor. As for the charges this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or telephone us so that we can supply you with comprehensive commercial conveyancing quote.