Do banks and building societies provide you with an approved list of Hetton Le Hole conveyancing solicitors? How do you know who is on the Nottingham conveyancing panel?
Hetton Le Hole conveyancing firms themselves provide us confirmation that they are on the Nottingham conveyancing panel as opposed to being supplied with a list from Nottingham directly.
Is it the case that all Hetton Le Hole conveyancing solicitors on the RBS conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the RBS conveyancing panel they would need to be regulated by the SRA. Some mortgage companies do permit licenced conveyancers on their panel and in such a situation the firms would be governed by the Council of Licensed Conveyancers.
We are getting a further advance on our home loan from Lloyds as we intend to conduct improvements to our home in Hetton Le Hole. Do we need to select a bricks and mortar Hetton Le Hole solicitor on the Lloyds conveyancing panel to deal with the legals?
Lloyds don't usually appoint a member of their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds panel.
I've read lots of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Hetton Le Hole solicitor - who is on the Lloyds conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Hetton Le Hole surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I have been told that property searches are the main reason for stalling in Hetton Le Hole conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Searches are not likely to be the root cause of holding up conveyancing in Hetton Le Hole.
It has been four months following my purchase conveyancing in Hetton Le Hole took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. 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.
Are there any apps to help locate a Hetton Le Hole solicitor on the Santander conveyancing panel? I am a keen cyclist and am willing to travel upto 25kilometers to meet the solicitor.
Feel free to make use of the tool on this website. Please pick a bank and your location and you will see a number of Hetton Le Hole conveyancing lawyers locally. We have detailed some Hetton Le Hole conveyancing firms towards the end of this page and you can telephone them to see whether they are on the Santander approved list