I am buying property in Harborne. My property lawyer has never been on on the mortgage company solicitor panel. Am I still permitted to use my Harborne conveyancing solicitor even though they are excluded from the bank panel?
Various options include
- Complete the deal with your existing Harborne property lawyer but your bank will undoubtedly instruct a lawyer from their approved list. The net result is additional fees and probable delay.
- Get a new conveyancing practitioner to conduct the conveyancing, obviously checking they are on the lender conveyancing panel.
- Convince your conveyancer to seek to join the mortgage company panel
At what point will exchange of contracts occur in domestic conveyancing in Harborne and do I need to attend the solicitors office?
If you are in close proximity to our conveyancing solicitors in Harborne you are welcome to attend to sign documents. However, the firms we work with offer a countrywide conveyancing service and give just as diligent and professional a job for you when dealing with you digitally. The executing of the contract is not the point of no return. Signing on the dotted line is necessary for the conveyancer to address the formalities when the time is right, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Harborne)to be in the office available at the end of the phone to exchange contracts.
My wife and I are purchasing a property in Harborne. It might be a silly question but how we can trust a conveyancer? At some point we will need to put our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I have been advised by my lawyer that absentee landlord insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Harborne?
The appropriate level of absentee landlord indemnity insurance depends on your lender. It would differ for example between Yorkshire Building Society and Leeds Building Society. Conveyancing practitioners as opposed to borrowers take out such policies.
Is there a list of HSBC panel conveyancers in Harborne on the Building Society Association’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association sites. Very few mortgage companies make their panel listings visible on the web. If you are looking for a Harborne solicitor on the HSBC please make the most of our facility.
I've recently found out that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a quick, chain free conveyancing. Harborne is the location of the property. Can you offer any assistance?
Flying freeholds in Harborne are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Harborne you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Harborne may ascertain 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.
My parents are encountering problems in finding their Harborne property on the HM Land Registry website. They recall that sixty years ago when they bought the house there were complications with the post code not being identified on some systems.
Almost all premises in Harborne should appear. Have you endevoured to search with just the postcode. Ordinarily it should reveal all the houses and flats inside that postcode. Assuming the property is registered it will be there with a title number. If they bought 50 years ago it's conceivable it may be unrecorded. The address may still be revealed but with the title number shown 'na'. In this scenario you will need to find the original title documentation which could be with your parent’s bank.