We are purchasing a property and require a conveyancing solicitor in Finedon who is on the HSBC solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for HSBC . We don't recommend any particular firms conducting conveyancing in Finedon.
Is there a search tool that I can use to check that the solicitor handling my conveyancing in Finedon is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Scotland thus spending £187.00 plus VAT in supplemental conveyancing bill.
Feel free to take advantage of the find a conveyancing panel solicitor tool on this page. Please choose the mortgage company and type ‘Finedon’ or your preferred area and you will discover a number of lawyer based in Finedon or by proximity to you.
Are all Finedon Conveyancing Quality Solicitors on the Santander conveyancing panel?
Some major banks and building societies now make use of the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their panels.
It is not clear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Finedon bank branch on various occasions and was told they are content with the situation and they would lend. My Finedon conveyancing solicitor - who is on the bank conveyancing panel- called to say that they would not lend in accordance with their published requirements. I simply don't know who is right.
As long as the solicitor is on the mortgage company panel, they must comply with the Council of Mortgage Lenders’ Handbook specifications for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I am selling my house. I had a double glazing fitted in December 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Principality are being difficult. The Finedon solicitor who is on the Principality conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Principality are requiring a building regulation certificate. Why do Principality have a conveyancing panel if they don't accept advice from them?
It is probably the case that Principality have referred the matter to their valuer. The reason why Principality 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 got the keys to my house on 2 May and my personal details are still not registered. Need I be worried? My conveyancing solicitor in Finedon advises it should be recorded inside ten days. Are transfers in Finedon particularly slow to register?
As far as conveyancing in Finedon is concerned, registration is no quicker or slower than the rest of the country. As opposed to being determined by geographic area, timescales can adjust subject to the party submitting the application, whether there are errors and if the Land registry must send notices to any 3rd persons or bodies. Currently roughly 80% of such applications are completed within 12 days but some can be subject to protracted hold-ups. Registration takes place once the purchaser is living at the premises therefore 'speed' is not usually an essential issue yet if 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 have been pointed in your direction by numerous property agents in Finedon to find a property lawyer using your seach tool. What’s the financial advantage for Estate Agents to offer your services over another?
We refuse to make any financial incentive for pointing buyers and sellers to this site. We thought it would be too underhand a fee as a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
What advice can you give us when it comes to choosing a Finedon conveyancing practice to deal with our lease extension?
When appointing a solicitor for lease extension works (regardless if they are a Finedon conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you speak with several firms including non Finedon conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be of use:
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If the firm is not ALEP accredited then why not?
I am the registered owner of a 1st floor flat in Finedon, conveyancing formalities finalised September 2011. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Finedon with a long lease are worth £180,000. The ground rent is £65 yearly. The lease comes to an end on 21st October 2083
With 59 years left to run we estimate the premium for your lease extension to range between £20,900 and £24,200 as well as professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.