Is the fact that my conveyancer in Hertfordshire is not on my bank's solicitor panel that there is a problem with the quality of the firm’s work?
It would not be wise to jump to that conclusion. There are plenty of reasonable explanations. Just recently a report by the solicitors regulator indicated 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 Hertfordshire conveyancing firm and enquire why they are no longer on the approved list for your mortgage company.
The owners of the house we are looking to purchase are using a conveyancing practitioner in Hertfordshire who has insisted on a preliminary agreement with a down payment of 5k. Are such agreements sensible?
There are a couple of primary drawbacks with entering into any lock out agreement (sometimes known as a no-shop agreement) is that it diverts attention away from progressing with the conveyancing transaction itself, so unless it requires limited or no negotiation then it may turn out to be a hindrance. It is not promoted amongst Hertfordshire conveyancing solicitors for this reason. The other main negative is the extent of the remedies available - an aggrieved buyer should not expect to be issued with an injunction to stop the vendor completing the sale to an alternative purchaser, so the only remedy open via the agreement will be the reimbursement of abortive charges and, in restricted circumstances, the extra payment of damages.
Can your site be used to locate a Conveyancing solicitor in Hertfordshire even where I’m not buying or selling a house, for example if I wish to buy an office in Hertfordshire with a mortgage from Norwich and Peterborough Building Society?
Our search tool is primarily there to help choose residential conveyancing solicitors in Hertfordshire but we have set out at the bottom of this page a few Hertfordshire commercial conveyancing firms. You should speak with the solicitors directly to establish if they can also act for Norwich and Peterborough Building Society
We hope to to buy with Darlington Building Society. I went into a couple of high street practices yet cant to find a Hertfordshire conveyancing firm on the Darlington Building Society approved list. Can you assist?
Please do make the most of the find a lender approved solicitor tool on this page. Please choose the building society and type Hertfordshire or your preferred area and you will be presented with numerous conveyancers located in Hertfordshire or near you.
I require expedited conveyancing in Hertfordshire as I am faced with a deadline to exchange contracts within 3 weeks. A home loan is not required. Is it possible to decline from having conveyancing searches to save fees and time?
If.Given you are are a cash purchaser you are at liberty not to do searches although no conveyancer would advise that you don't. With plenty of history conveyancing in Hertfordshire the following are instances of what can arise and therefore impact the marketability of the property: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Unadopted Roads,...