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approved by Hinckley and Rugby
Ready to buy a new home? Failing to check that a lawyer is on the Hinckley and Rugby list of approved solicitors can put your transaction at risk of delay or failure.
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How does my firm apply to be on the Hinckley and Rugby Building Society Conveyancing Panel? How can my firm be reinstated onto the Hinckley and Rugby Building Society Conveyancing Panel?Find an Approved Solicitor on the Hinckley and Rugby Building Society Conveyancing Panel
Q and A’s regarding the Hinckley and Rugby Solicitor Panel
I am getting a mortgage offer from Hinckley and Rugby. I intend to instruct a Licensed Conveyancer. Does the Hinckley and Rugby Solicitor panel allow for Licensed Conveyancers
Hinckley and Rugby’s conveyancing panel is, like many other lenders associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My lawyer has requested from me proof of ID documents asserting that this forms part of his legal duty as a solicitor on the Hinckley and Rugby Solicitor panel. This is news to me - can I refuse?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offense if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage with Hinckley and Rugby your lawyer also has to check ID documents to satisfy Hinckley and Rugby
I am looking for online conveyancing estimates. Can I be assured that all the firms that are identified on your website are on the Hinckley and Rugby conveyancing panel?
The solicitor and licensed conveyancing practices on our directory have assured us via an online form that they are on the Hinckley and Rugby panel and agreed to advise us to take down their listing in the event of removal off of the Hinckley and Rugby panel. To date we have not been informed by either a mortgage company or a member of the public that the data about a specific firm being on the Hinckley and Rugby conveyancing panel is not accurate.
I am thinking of refinancing my home does my lawyer need to be on the Hinckley and Rugby Solicitor panel?
In theory, you could use a solicitor that is not on Hinckley and Rugby conveyancing panel, but Hinckley and Rugby would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
Are all Conveyancing Quality Solicitors on the Hinckley and Rugby conveyancing panel?
A selection of banks and building societies now use the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
My husband and I are spending time looking at flats and now considering a potential offer. Is it premature to have a solicitor in place? I intend to finance via a home loan with Hinckley and Rugby
It would be sensible to have your start your search soon rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on the the estate agent. As you are getting a mortgage with Hinckley and Rugby , ask your prospective lawyers check they are on the Hinckley and Rugby conveyancing panel otherwise they can't do the mortgage legal work.
For 5 years I had a mortgage with Hinckley and Rugby. My uncle has just retired and wants to pay off the mortgage left on the property. After Hinckley and Rugby is paid, I want to transfer the property to my mother's name; How long will it roughly take? Do we need two separate solicitors on the Hinckley and Rugby conveyancing panel? I do not intend to live at the property once the Hinckley and Rugby mortgage is discharged.
You
will need a solicitor but they need not be on the Hinckley and Rugby conveyancing panel.
You will need a solicitor to draw up the transfer and
to deal with the Land Registry formalities. The only thing you need to
consider is that by selling at an undervalue so ask your lawyer about
the implications. There could be an inheritance tax issue if you die
within 7 years of this. There's no capital gains tax for you as it is
your main residence.
Other Topics
Transfer of Equity for Hinckley and RugbyPlease note that Lexsure Ltd is in no way associated with nor affiliated with Lexsure Solicitors