We wanted to use a property lawyer in Haddenham for our home move. Our financial adviser has since notified us that our mortgage lenders Barclays Direct won't deal with them. Why is this not regarded as unfair competition?
Before the recession most lenders had an appetite for risk which was higher than today. Almost all Haddenham conveyancing firms would have been on many bank panels. The Financial Services Authority in 2010 completed a thematic investigation into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, lenders have regularly sought more information from law firms about their operations and the individuals who work for them and establishing certain criteria such a completing on a minimum amount of conveyancing. Many Haddenham conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Haddenham is one of the numerous locations where the lawyers showing on our search results are are approved Barclays Direct.
I am due to move home in July. Does my conveyancing solicitor liaise with the removal company on the day of completion. On a separate note, can you put forward a removal company in Haddenham. Conveyancing solicitor was chosen before I stumbled across your site.
On the day of completion you will need to collect the house keys from your selling agent however this should only be done when the sellers conveyancers advise the agent that they acknowledge receipt of the completion payment and the keys can be collected. You will need to tell the removal company that they can start moving you in. We are not in a position to recommend a specific removal organisation but can help you find a conveyancing in Haddenham or a firm with expertise in conveyancing in Haddenham.
Can I be sure that the Haddenham conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Haddenham seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer conducting your conveyancing.
I can not fathom if my lender requires a lease extension. I have called my Haddenham bank branch on various occasions and was reassured it wasn't an issue and they would lend. My Haddenham conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they would not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
As long as the lawyer is on the bank approved list, she or he must adhere to the Council of Mortgage Lenders’ Handbook conditions for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
A colleague recommended that if I am buying in Haddenham I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually quoted for as part of the standard Haddenham conveyancing searches. It is not a small document of about 40 pages, listing and detailing important information about Haddenham around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data about Haddenham.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what was supposed to be a simple, no chain conveyancing. Haddenham is where the house is located. Is there any guidance you can impart?
Flying freeholds in Haddenham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Haddenham you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Haddenham may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
I am looking for a conveyancing lawyer in Haddenham for my house move. Is it possible to see a firm’s complaints history with the profession’s regulator?
You can see presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions commenced on or after Jan 2008. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The SRA may monitor call for training requirements.