Am I correct in assuming that the fact that my solicitor in Hucknall is not listed on my mortgage company's solicitor panel that there is a problem with the quality of her work?
That is most likely an incorrect assumption to make. There are plenty of 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 top 5 reasons are as follows: (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. Where you are concerned you should contact the Hucknall conveyancing firm and enquire why they are no longer on the approved list for your lender.
Having sold my house in Hucknall last August but our buyer keeps calling every few hours to moan that their solicitor needs to hear from mylawyer. What are the post completion sale legalities now that I have sold?
After completion of your sale your conveyancer is obliged to send the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Where appropriate, your conveyancer should also confirm that the legal charge in favour of the lender has been redeemed to the purchasers lawyers. There are no post completion tasks just for conveyancing in Hucknall.
A friend advised me that where I am buying in Hucknall I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually quoted for as part of the standard Hucknall conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Hucknall around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Hucknall Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Hucknall Education with maps and statistics, Local Amenities and other useful data concerning Hucknall.
I am buying a new build house in Hucknall with a mortgage from National Westminster Bank. The developers would not move on the amount so I negotiated five thousand pounds worth of extras instead. The estate agent suggested that I not disclose to my conveyancer about the extras as it may affect my mortgage with National Westminster Bank. 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.
As co-executor for the estate of my grandfather I am selling a property in Monmouth but I am based in Hucknall. My solicitor (based 260 miles from merequires that I sign a stat dec before the transaction finalising. Could you suggest a conveyancing lawyer in Hucknall who can witness and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are located in Hucknall
I have today had an offer accepted on an apartment in Hucknall and the broker that we are using suggested his lawyer. They quoted a thousand pounds including VAT and 3rd party costs. Does this sound reasonable?
Don't just go on one estimate. One should seek like-for-like quotes for your conveyancing in Hucknall. Then choose one that you trust and crucially, is on the approved list of the bank that you are sourcing your mortgage from.