My brother-in-law has suggested I instruct a conveyancing solicitor in Hyde Park. I I would like to check if they are on the Godiva Mortgages Ltd approved list of lawyers. Could you help?
The first thing you should do is e-mail your lawyer and ask them if they are on the lender panel. Alternatively you can call Godiva Mortgages Ltd who may be able to assist.
Various internet forums that I have frequented warn that are a common cause of stalling in Hyde Park conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of delays during the legal transfer of property. Local searches are not likely to be the root cause of delay in conveyancing in Hyde Park.
I am looking for a ground for flat up to £245,000 and found one near me in Hyde Park I like with amenity areas and station nearby, the downside is that it only has 49 remaining years left on the lease. There is not much else in Hyde Park for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you need a home loan the shortness of the lease will be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
I am thinking of appointing a conveyancing practitioner in Hyde Park for my purchase. Is there any facility to review a firm’s complaints history with the profession’s regulator?
Members of the public can find documented Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The regulator sometimes monitor telephone calls for training requirements.
My lender have just issued us with a mortgage offer. We appointed a local conveyancer in Hyde Park yesterday. A couple of hours ago, our financial adviser contacted us saying that the mortgage company said that we cannot use our solicitor as they aren't on their panel. As novices, we did not have a clue that the bank had some control over our choice Is this legal?
You are at liberty to use any lawyer you want to instruct for your conveyancing in Hyde Park however if your bank aren't happy with them you must fork out an extra fee so your bank can instruct their own conveyancer too. It may be conceivable that your preferred conveyancing firm to get added to the mortgage company panel. You can use internet tools including lenderpanel.com to find a conveyancing solcitor in Hyde Park on the bank panel. You can go into your local bank branch in Hyde Park. They can recommend conveyancing solicitors in Hyde Park on the panel for your bank.