It has come to my attention via my IFA that my Holsworthy lawyer is not on the mortgage company Solicitor panel. How can I be sure whether this is correct?
The first thing you need to do is to contact your Holsworthy conveyancer. You lawyer should advise you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
We note that you have a post code search directory identifying law firms on the HSBC conveyancing panel. Do companies pay you a referral fee if I instruct them for our conveyancing in Holsworthy?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Holsworthy.
About to place a bid on a leasehold flat in Holsworthy. The estate agents tell me that it is normal for flats in Holsworthy to have less than 75 years left on the lease. I am obtaining a mortgage with Bank of Ireland. Is this going to be a problem if the lease has 69 years left.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 23/7/2024 the requirements read as follows :
I just acquired a house at auction in Holsworthy. Conveyancing is required. What are my next steps?
Having exchanged you now have to retain a conveyancing solicitor quickly as you are facing a fast approaching a fixed date to complete the conveyancing. All auction property will ordinarily have an associated auction pack. This should include the copy title deeds, local authority and drainage searches. If you have purchased leasehold premises the legal papers should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to leasehold premises. You should hand this to the solicitor working for you ASAP. Do make sure that your finances are organised to complete on the date specified in the contract.
When it comes to mortgage companies such as Santander, do Holsworthy conveyancing practitioners face a fee to be on the conveyancing panel?
We are unaware of any lender fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
I am selling my house. I had a double glazing fitted in October 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Aldermore are being pedantic. The Holsworthy solicitor who is on the Aldermore conveyancing panel is saying indemnity insurance will be fine but Aldermore are insisting on a building regulation certificate. Why do Aldermore have a conveyancing panel if they don't accept advice from them?
It is probably the case that Aldermore have referred the matter to their valuer. The reason why Aldermore 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 need to instruct a conveyancing practitioner in Holsworthy for my remortgage. Can I see a firm’s record with the profession’s regulator?
Members of the public can review documented Solicitor Regulator Association (SRA) determinations arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The regulator sometimes monitor call for training reasons.