Unfortunately I am unable to travel far from Burgess Hill. Can you please explain the reason why all Burgess Hill solicitors are not on all lender panels?

Banks highlight the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud annually.The dismissal of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the FSA in 2011. Its conclusions included recommendations for mortgage companies to review their conveyancing panels, which triggered a major policy change in the sector. This resulted in lenders removing a number of firms off their panel of approved conveyancing practitioners .

We are buying a property and need a conveyancing solicitor in Burgess Hill who is on the HSBC conveyancing panel. Can you recommend a local solicitor?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for HSBC . We don't recommend any particular firms conducting conveyancing in Burgess Hill.

Will my conveyancing lawyers need to check that the building insurance when buying a house in Burgess Hill. My lender is The Mortgage Works

The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 16/11/2024, the requirements read as follows :

Can you help - my lawyer says that absentee landlord insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Burgess Hill?

The appropriate level of absentee landlord indemnity insurance should be dictated by who who your lender is. It would differ for example between Birmingham Midshires and Bank of Scotland. Conveyancing practitioners as opposed to members of the public take out such insurances.

I have today made my last payment due on my mortgage with Barclays. I assume I don't need a Burgess Hill conveyancer on the Barclays panel to remove the mortgage at the Land Registry. Please confirm.

If you have finished paying off your Barclays mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Barclays mortgage from the register. Barclays, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:

1. but are not moving to another property
2. where Barclays has sent the Land Registry the discharge electronically, and
3. Barclays has instructed the Land Registry to do so

Planning on purchasing a maisonette in Burgess Hill. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.

They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Burgess Hill lawyer is on the Nationwide conveyancing panel.

three months have gone by since my purchase conveyancing in Burgess Hill concluded. I have checked the Land Registry website which shows that I paid £150,000 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 property 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.