Is the fact that my conveyancer in Hatton is not identified on my lender's solicitor panel that there is a problem with the standard of her work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator revealed 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 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 Hatton conveyancing firm and enquire why they are no longer on the approved list for your bank.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Hatton. My lender is Nationwide Building Society
Nationwide Building Society have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 4/9/2024, the requirements read as follows :
Due to the input of my in-laws I had a survey completed on a property in Hatton prior to instructing conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor has said that some banks will not give a mortgage on this type of premises.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to telephone us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hatton. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm remortgaging my current home to a BTL loan with Coventry Building Society and I will use the ballance of the raised equity as a deposit on another property. The area we are looking at is Hatton. Will your conveyancers be able to act for the two lenders and tie in the two deals?
Do use our comparison tool on this page to be sure that the conveyancers are on the appropriate lender panels. Having checked that they are the solicitor will be able to connect the two transactions but you should talk with you lawyer and communicate your desired outcome and needs.
I am looking for a conveyancing lawyer in Hatton for my sale. Can I see a firm’s record with the legal regulator?
You can read presented Solicitor Regulator Association (SRA) determinations arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, dial +44 (0)121 329 6800. The regulator may recorded call for training requirements.
Is there a difference between surveying and conveyancing in Hatton?
Conveyancing - in Hatton or elsewhere - is the process of legally transferring legal title of property from one person to another. It therefore includes the investigation of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are buying and will help you find out about the condition of the building and, if there are problems, give you leverage for negotiating the buying price down or asking the seller to fix the defects before you complete your move.