Am I correct in assuming that the fact that my solicitor in Redcar is not on my mortgage company's solicitor panel that there is a problem with the standard of his work?
It would be unwise to jump to that conclusion. There are plenty of plausible explanations. Just recently a report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume 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. Should you be concerned you should simply call the Redcar conveyancing practice and ask them why they are no longer on the approved list for your mortgage company.
We were just about to sign contracts for a semi detached house in Redcar. We have hit a stumbling block. The loan offer with Godiva Mortgages Ltd expires on 13/1/2026 but the vendors are putting forward a completion date of 15/1/2026. Can one extend the loan expiry date?
The best person to address this issue is your conveyancer who will hopefully determine whether he or she is better off negotiating with the mortgage broker, seller’s solicitors, estate agents or possibly all parties based on what has gone on in your house move to date.
What does my ID and proof of funds have anything to do with my conveyancing in Redcar? Why is this being asked of me?
Redcar conveyancing solicitors and indeed property practitioners throughout the UK have an obligation under Anti-terror and anti-money-laundering rules to verify the identity of any client in order to ensure that clients are who they say they are.
Conveyancing clients will need to produce two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and evidence of address (usually a Utility Bill no more than three months).
Proof of the origin of funds is also necessary in compliance with the money laundering statutes as conveyancers are duty bound to ensure that the monies you are using to acquire a property (be it the exchange deposit or the total purchase monies if you are a cash purchaser) has originated from legitimate source (such as employment savings) rather than the fruits of illegitimate behaviour.
I am planning to move house in January. Will my conveyancing solicitor communicate with the removal company on the completion day. Incidentally, can you recommend a removal company in Redcar. Conveyancing firm was chosen before I stumbled across your website.
On the afternoon of completion you will need to pick up the house keys from your property agent however this should only occur when the sellers conveyancers advise the agent that they have the completion monies and the keys can be handed over. Subsequently you will need to tell the removal company that they can start moving you in. As a matter of policy we do not recommend a particular removal company but can assist you in choosing a residential property solicitor in Redcar or a solicitor with expertise in conveyancing in Redcar.
I am selling my flat. I had a double glazing fitted in May 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Nottingham are being pedantic. The Redcar solicitor who is on the Nottingham conveyancing panel is saying indemnity insurance will be fine but Nottingham are requiring a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I was told four weeks ago that my mortgage has been agreed to by Yorkshire BS. Is it usual for Yorkshire BS to only issue the offer once my solicitor in Redcar is approved on their conveyancing panel? Yorkshire BS have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Yorkshire BS to deal with your lawyer's application to be on the Yorkshire BS conveyancing panel. There's no guarantee that your solicitor will be accepted.
Due to the advice of my in-laws I had a survey completed on a property in Redcar before retaining lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some lenders tend not grant a loan on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. If you call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Redcar. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Redcar to see if the conveyancing will be more expensive.
As co-executor for the estate of my aunt I am disposing of a residence in Neath but I am based in Redcar. My solicitor (approximately 260 miles awayneeds me to sign a stat dec ahead of completion. Can you recommend a conveyancing practitioner in Redcar who can attest this legal document for me?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will suffice regardless of whether they are based in Redcar