Do conveyancers request money up-front for conveyancing in Radstock?
Where you are retaining lawyers for conveyancing in Radstock your solicitor will request that you to provide them with funds to cover the the cost of the conveyancing searches. Ordinarily this is requested to cover the fees of the Local Authority Search. When the down payment is payable against the total price then this will be required immediately ahead of contracts are exchanged. Any further balance that is needed should be transferred a few days prior to the day of completion.
My lawyer in Radstock has never been on on the HSBC Bank Solicitor Panel. Is it possible for me to retain my prefered solicitor notwithstanding that they are excluded from the HSBC Bank panel of approved conveyancing solicitors?
Your options are as follows:
- Complete the purchase with your preferred Radstock solicitors but HSBC Bank will need to instruct a solicitor on their panel. This will result in additional overall legal fees as well as cause delays.
- Get a new practitioner to act in the purchase, obviously checking they are on the HSBC Bank panel
Does a directory service exist listing Clydesdale panel conveyancers in Radstock on the Building Society Association’s Website?
No. There is no such facility on the CML or Building Society Association websites. A small selection of lending institutions make their panel listings visible online. If you are looking for a Radstock property lawyer on the Clydesdale please make the most of our tool.
It is unclear whether my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Radstock building society branch on a couple of occasions and was reassured it wasn't a problem and they will lend. My Radstock conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
Provided that the conveyancing practitioner is on the mortgage company approved list, she or he must follow the CML Handbook specifications for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
I am selling my apartment. I had a double glazing fitted in February 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Nottingham are being difficult. The Radstock solicitor who is on the Nottingham conveyancing panel is saying indemnity insurance will be fine but Nottingham are insisting on a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham 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 lawyer in Radstock for my house move. Is there any facility to review a firm’s record with the legal regulator?
Members of the public can find published Solicitor Regulator Association (SRA) decisions resulting from investigations commenced on or after Jan 2008. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The SRA sometimes monitor call for training purposes.
I am due to review estimates for conveyancing in Radstock from various conveyancer and decide on one. Am I right to get them to hold tight until I have found somewhere to purchase.
We suggest that you wait to request your conveyancer to open a file and order searches once the offer has been agreed to on the property particularly as Radstock conveyancing searches are a couple of hundred pounds.