We see that you have a search directory identifying firms on the HSBC conveyancing panel. Do firms pay you a referral fee if I appoint them for our conveyancing in Tenterden?
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 Tenterden.
I am considering applying for a Barclays mortgage for purchase of a new build (under development) in Tenterden with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Barclays ?
There is nothing to stop you using your solicitor, but Barclays will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
It has been 3 months following my purchase conveyancing in Tenterden completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. 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 residence 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.
I decided to have a survey carried out on a property in Tenterden before appointing conveyancers. I have been informed that there is a flying freehold aspect to the house. My surveyor has said that some lenders tend not issue a mortgage on a flying freehold property.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Tenterden. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Tenterden to see if the conveyancing costs will increase in light of this.
Developers have recommended to me a lawyer and I've sought an estimate from them. It's almost three hundred pounds less expensive than my preferred Tenterden conveyancing practitioner. Should I use them?
Builders normally have panels of lawyers who are quick and who know the builder's contract and conveyancer. As many developers offer an incentive to select their approved property lawyer for this reason, any increased fees can be avoided and a builder won't suggest a conveyancing warehouse and run the risk of having the conveyancing stall when they want exchange in 28 days. A counter-argument for not opting for the recommended conveyancing practitioner is that they may be unwilling to 'push' your interests for fear of alienating the developer. Where you have concerns that this may be the situation you should keep with your high street Tenterden solicitor.