Is the fact that my solicitor in Edenbridge is not on my bank's solicitor panel that there is a problem with the quality of her work?
That would more than likely be a wrong assumption to make. There are plenty of reasonable explanations. A recent 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 Edenbridge conveyancing practice and ask them why they are no longer on the approved list for your lender.
We have rather assertive sellers who has recommended a lock out agreement with a payment of 5k. Is it wise to enter into such agreements?
Exclusivity contracts are agreements between a property vendor and prospective acquirer giving the buyer the sole right to purchase the premises for a certain period of time. For all intents and purposes, a lock out is a document stating that you should receive a contract at a later time which is the main conveyancing contract. It tends to be utilised for buyer protection though in many situations, the seller may enjoy an upside from such agreements as well. There are many pros and cons to using an agreement but you need to check with your lawyer but note that it may end up incurring more in conveyancing charges. For these reasons these agreements are unusual when it comes to conveyancing in Edenbridge.
Are the Edenbridge conveyancing solicitors identified as being on the Lloyds conveyancing panel, together with their details provided by Lloyds?
Edenbridge conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.
Is there a search tool that I can utilise to discover of the solicitor carrying out my conveyancing in Edenbridge is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays thus spending £192.00 in another set of conveyancing invoice.
Feel free to make use of the search tool on this page. Please choose the mortgage company and type ‘Edenbridge’ or your preferred area and you will be presented with a number of lawyer located in Edenbridge or near you.
We are about to buying a apartment in Edenbridge. Can our conveyancer keep the amount we are are purchasing for a secret from the likes of Rightmove. How do I make sure this is not revealed?
The Land Registry as a matter of law obliged to note price sold information on the official title for residential properties nationwide which includes properties in Edenbridge. The register of title is a public document, so HM Land Registry would be breaking the law if they did not grant access to the register.
In essence you can ask HMLR to withhold the price paid data however the answer would be a No.