I am selling my apartment in Hungerford and the estate agent has just called to warn that the purchasers are swapping conveyancer. The excuse is that the lender will only deal with solicitors on their approved list. On what basis would a big named mortgage company only deal with certain solicitors rather the firm that they want to choose to handle their conveyancing in Hungerford ?
Lenders have always had an approved set of law firms they are content to work with, but in recent years big names such as Lloyds Banking Group, have considered and reduced their conveyancing panel– in some cases removing conveyancing firms who have acted for them for decades.
Banks point to the increase in fraud by way of justification for the pruning – criteria have been narrowed as a smaller panel is easier to oversee. No lender will say how many solicitors have been dropped, claiming the information is commercially sensitive, but the Law Society says it is hearing daily from firms that have been removed from panels. Some do not even realise they have been dropped until contacted by a borrower who has instructed them as might be the situation in your buyers' case. The buyers are unlikely to have any impact on this.
Can the conveyancing solicitors listed on your site conduct attended exchange conveyancing in Hungerford?
We do have a number of conveyancing specialists carrying out attended exchanges. Please call us to obtain a costs illustration and details as to availability.
How do I find out if the solicitor carrying out my conveyancing in Hungerford is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Clydesdale thus paying £175.00 in additional legal costs.
Please do take advantage of the find a lender approved solicitor tool on this web page. Please choose the mortgage company and type ‘Hungerford’ or your location and you will be presented with numerous conveyancers based in Hungerford or near you.
We are close to exchanging contracts on the sale of our property in Hungerford and according to the buyers it appears that there is a risk of it being built on contaminated land. A high street Hungerford lawyer would know this is not the case. It does beg the question why the purchasers instructed a web based conveyancing outfit rather than a conveyancing solicitor in Hungerford. We have lived in Hungerford for 4 years we know of no issue. Should we contact our local Authority to get clarification need.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Me and my brother own a 4 bedroom Victorian property in Hungerford. Conveyancing practitioner acted for me and Birmingham Midshires. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hungerford and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with the conveyancing practitioner who conducted the work.
My company is hoping to lease a unit on the high street. Can you recommend solicitors offering competitive charges for non-domestic conveyancing in Hungerford for less than £2000?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Hungerford, including the sale and purchase of businesses as well as simply property. Whether you are looking to purchase or sell a shop, pub, restaurant, office, retail premises or a whole business we will find you the right solicitor. Regarding the costs these will vary based on the structure and terms of the deal. Please provide us with your details or phone so as to enable us to supply you with a detailed commercial conveyancing quote.