My mortgage broker requires my Anerley lawyer’ panel member for the HSBC conveyancing panel. How do I find this out. I have tried my local Anerley office but they have not responded to me.
The sensible thing to do is ask for this information from your Anerley solicitor . Most Anerley conveyancing firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
Can you clarify what the consequences are if my solicitor is suspended from the Nottingham Solicitor panel ahead of completing my conveyancing in Anerley?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Have purchased a a semi-detached house in Anerley , how long will it take for the Land Registry to register the transfer to my name? My Anerley conveyancing solicitor works at snail pace, so I want to check the registration is addressed.
As far as conveyancing in Anerley is concerned, registration is no quicker or slower than anywhere else in the country. Rather than based on location, timeframes can vary depending on who lodges the application, whether it is in order and whether the Land registry need to notify any 3rd persons or bodies. At present approximately 80% of submission are fully addressed within two weeks but some can be subject to longer hold-ups. Historically registration takes place once the purchaser is living at the property therefore 'speed' is not always an essential issue but where it is urgent that the the registration takes place urgently then you or your conveyancer should speak with the land registry and explain the circumstances.
I'm purchasing a new build house in Anerley benefiting from help to buy. The developers would not reduce the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent suggested that I not to tell my solicitor about this side-deal as it will put at risk my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the encouragement of my in-laws I had a survey completed on a house in Anerley prior to instructing lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor advised that some banks will not give a loan on this type of property.
It varies from the lender to lender. HSBC has different instructions from Halifax. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Anerley. Conveyancing will be smoother if you use a solicitor in Anerley especially if they are familiar with such properties in Anerley.
My husband and I are new on the property ladder - agreed a price, but the estate agent informed us that the seller will only go ahead if we instruct their recommended conveyancers as they are insisting on an ‘expedited deal’. We would rather use a family solicitor who is familiar with conveyancing in Anerley
We suspect that the owner is unaware of this demand. If they want ‘a quick sale', alienating a serious buyer is is going to put the whole deal at risk. Contact the sellers directly and explain that (a)you are serious purchasers (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you intend to proceed fast (e)but you are going to instruct your own,trusted Anerley conveyancing firm - not the ones that will provide their estate agent a commission or hit his conveyancing figures demanded by senior management.