Some advice if I may. My Park Hill solicitor is assuring me that he is legally obliged toapply for Park Hill conveyancing searches stemming from the fact thatthe firm are on the Santanderapproved lawyer panel. Is this really necessary?
Unfortunately both you and your lawyer have little choice here. As you are taking a mortgage with a mortgage company your conveyancer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your property lawyer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Park Hill conveyancing searches.
What is the optimum way to find out if the solicitor carrying out my conveyancing in Park Hill is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for HSBC Bank thus paying £175.00 in supplemental legal invoice.
You should make use of the search tool on this page. Pick the lender and type ‘Park Hill’ or your preferred area and you will see a number of lawyer located in Park Hill or near you.
I own a terraced Edwardian house in Park Hill. Conveyancing practitioner represented me and Bank of Scotland. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold with the matching property. I'd like to know for sure, how can I find out??
You should assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Park Hill 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 purchasers. You can also question the situation with your conveyancing lawyer who carried out the work.
How does conveyancing in Park Hill differ for new build properties?
Most buyers of new build premises in Park Hill approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the house is built. This is because developers in Park Hill typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Park Hill or who has acted in the same development.
I have been pointed in your direction by a number of estate agents in Park Hill to find a conveyancer using your seach tool. Is there a financial incentive for Estate Agents to offer your site rather than a competitor’s?
We refuse to give any financial incentive for sending work to this site. We thought it would be too underhand to pay a commission as a client could think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
I have been sourcing a conveyancing lawyer in Park Hill for my house move. Can I review a firm’s record with the profession’s regulator?
Anyone can review documented Solicitor Regulator Association (SRA) determinations arising from investigations commenced on or after Jan 2008. Go to Check a solicitor's record. To find information about the period before 1 January 2008, or to check a solicitors history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator sometimes monitor telephone calls for training reasons.