Me and my partner are soon to exchange on the purchase of a property in Herefordshire but as a consequence of wreckage from some water damage at the property I have managed to agree recompense from the current proprietors of £2k in the form of a deduction in the price. I had intended this to be addressed as part of amending the contract but Kent Reliance will not agree to this. Should they have been approached?
The property lawyer that is on a Kent Reliance approved list is duty bound to inform Kent Reliance of any variations to the sale price. If you were to refuse your conveyancer to report the price change to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new conveyancer for your conveyancing in Herefordshire.
Me and my partner are purchasing a flat in Herefordshire. It might be a silly question but how we can trust a conveyancer? At some point we will need to deposit funds into their account. What is the protection we have from them run away with our monies?
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.
Is it the case that all Herefordshire solicitor firms on the HSBC conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the HSBC conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Some banks do list licenced conveyancers on their panel in which case such practice would be governed by the CLC.
We have agreed to purchase a house in Herefordshire. A rare aspect is that the roof has a solar panel. Clydesdale have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Clydesdale your lawyer must follow the conveyancing instructions outlined in Section two of UK Finance Lenders’ Handbook for Clydesdale. The CML Handbook contains minimum requirements for solar panel roof-space leases, and lawyers are required to report to Clydesdale where a lease fails to satisfy these conditions. The provisions relate to the installation of panels on properties nationwide and is not limited to Herefordshire.
2 months have elapsed following my purchase conveyancing in Herefordshire took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been recommended by numerous estate agents in Herefordshire to select a solicitor on your site. Is there a financial upside for Estate Agents to recommend your services over and above another?
We refuse to offer any referral fee for directing people to this site. We found it would be just too difficult a fee as members of the public would think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I have today had an offer accepted on a leasehold flat in Herefordshire and the estate agent that we are using recommended his conveyancing practitioner. They quoted £900 including VAT and disbursements. Does this sound reasonable?
Don't just go on one quote. You should obtain like-for-like quotes for your conveyancing in Herefordshire. Then choose one that you are comfortable with and crucially, is on the approved list of the mortgage company that you have applied for a mortgage from.