Is the fact that my solicitor in Hampton Hill is not listed on my mortgage company's solicitor panel that there is a problem with the quality of the firm’s work?
That is most likely a wrong assumption to make. There are all sorts of perfectly reasonable 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) lack of transactions (2) the lawyer 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 contact the Hampton Hill conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
What is the optimum way to investigate if the solicitor carrying out my conveyancing in Hampton Hill is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Yorkshire Building Society thus spending £192.00 in another set of conveyancing charges.
Please do make the most of the search tool on this web page. Please choose the lender and type ‘Hampton Hill’ or your preferred area and you will see numerous solicitors based in Hampton Hill or near you.
I'm buying a new build house in Hampton Hill with a loan from Bank of Ireland. The developers would not reduce the price so I negotiated 6k of additionals instead. The estate agent suggested that I not inform my lawyer about the deal as it could affect my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I am downsizing from my house. My past solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Hampton Hill if that makes a difference.
Please use our search tool to help you choose a solicitor for your conveyancing in Hampton Hill. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Back In 2009, I bought a leasehold flat in Hampton Hill. Conveyancing and The Mortgage Works mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1992. The conveyancing solicitor in Hampton Hill who previously acted has now retired. What should I do?
The first thing you should do is make enquiries of the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. There is no need to incur the fees of a Hampton Hill conveyancing lawyer to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I have had difficulty in trying to reach an agreement for a lease extension in Hampton Hill. Can the Leasehold Valuation Tribunal adjudicate on premiums?
You certainly can. We can put you in touch with a Hampton Hill conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Hampton Hill flat is Ground Floor Flat 91 Bath Road in May 2009. in a case where the freeholder could not be traced, the Brentford County Court ordered that the Lease be surrendered in return for the grant of a new lease of the Premises at a premium determined by the Leasehold Valuation Tribunal. The tribunal concluded that the price payable by the Applicant for the new lease of the premises be £15,900 This case affected 1 flat. The remaining number of years on the lease was 60.45 years.
We have had DIP from National Westminster Bank who suggested we could borrow up to £117k. When do we need to instruct a lawyer for conveyancing? Hampton Hill is where we are buying.
You can instruct a conveyancing practitioner now so that the solicitor can open the ledger so they can commence their AML checks etc. Once you wish them to start work they will seek a payment on account normally approximately £200. That would generally be after you have the mortgage offer and survey report, but if you wish to expedite the process you can start quicker even though you may be risking some expense.