I can't travel far from Hartford. I would like to know the reason why all Hartford conveyancing practitioners are not on all mortgage company panels?
Before the recession most banks had an approach to risk which is different than today. The Financial Services Authority in 2010 carried out a thematic review into mortgage fraud which concluded: know the lawyers on your panel. Accordingly, banks have since soughtmore information from law firms concerning their processes and the individuals employed by them and set certain criteria such as completing a minimum amount of transactions. Many firms have been excluded from lender panels even though they had an exemplary disciplinary record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Such firms found it impossible meet the minimum amount of transactions the mortgage companies set.
Is there a reason why leasehold purchase conveyancing in Hartford is more expensive?
In summary, leasehold conveyancing in Hartford and elsewhere usually involve more hours of investigation compared to freehold transactions. This includes reviewing the lease, liaising with the landlord about the service of required notices, procuring up-to-date service charge and management information, procuring the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
I have todaybeen informed that Action Conveyancing have closed. They carried out my conveyancing in Hartford for a purchase of a leasehold flat 9 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The easiest way to check if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Hartford conveyancing specialists.
I'm purchasing a new build house in Hartford with a loan from TSB. The sellers would not move on the amount so I negotiated 6k of fixtures and fittings instead. The sale representative told me not to tell my solicitor about the side-deal as it could put at risk my loan with the bank. Do I keep my lawyer in the dark?.
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.
In what way can the Landlord & Tenant Act 1954 impact my commercial premises in Hartford and how can your lawyers assist?
The particular law that you refer to affords protection to business tenants, granting the a statutory right to make a request to court for a new lease and continue in occupation at the end of an expired lease. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing solicitors who use the act to your advantage and assist with commercial conveyancing in Hartford
I need to instruct a conveyancing practitioner in Hartford for my home move. Can I review a firm’s complaints history with the legal regulator?
You may read presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. For information Pre 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training reasons.