We're in Hainault, FTBs buying with a mortgage (lender is RBS , and our solicitor is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
We are aiming to move property in September. Should my conveyancing solicitor communicate with the removal company on the day of completion. As an aside, can you suggest a removal company in Hainault. Conveyancing lawyer was found prior to coming across your site.
On the afternoon of completion you can pick up the keys from your property agent but this should only take place when the previous owners conveyancers advise the agent that they acknowledge receipt of the completion payment and the keys can be given over. Subsequently you can tell the removal company that you are ready to move in. We do not suggest a specific removal organisation but can help you choose a conveyancing in Hainault or a lawyer with expertise in conveyancing in Hainault.
is it true that all Hainault conveyancing solicitors on the Aldermore conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Aldermore approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. The majority of banks do allow licenced conveyancers on their panel in which case such organisation would be governed by the Council of Licensed Conveyancers.
I am due to exchange contracts on my flat. I had a double glazing fitted in July 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Coventry BS are being difficult. The Hainault solicitor who is on the Coventry BS conveyancing panel is recommending indemnity insurance as a solution but Coventry BS are insisting on a building regulation certificate. Why do Coventry BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Coventry BS have referred the matter to their valuer. The reason why Coventry BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I used Action Conveyancing a few years past for my conveyancing in Hainault. Now, I need my documents however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Hainault of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm purchasing my first flat in Hainault with a mortgage from TSB. The developers would not reduce the amount so I negotiated 6k of fixtures and fittings instead. The estate agent told me not inform my lawyer about this side-deal as it could put at risk my loan with TSB. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Why do Hainault conveyancing charges are more expensive for leasehold and freehold properties?
Leasehold conveyancing in Hainault will often involve additional work including investigating the lease, communicating with the landlord, obtaining up to date rent receipts, landlord’s consents, management company’s accounts etc.