The housing market in Hackbridge is heating up. What can I do to expedite matters?
First, If you are under time constraints for your conveyancing we would recommend that your conveyancer is familiar with the area as they will make use of local connections and intelligence. It is even conceivable that they could have conducted previousproperties in the same neighbourhood. You would be best advised to use a Hackbridge conveyancing lawyer. In addition, ensure that the conveyancing firm is on the on the approved list for your mortgage company. It is claimed that just under twenty per cent of Hackbridge conveyancing deals are held up or jeopardised after discovering a purchaser’s conveyancer was not on their mortgage lender’s list of approved solicitors. This can often result in the home move being frustrated by almost 21 days. It is claimed that this issue impacts approximately 100,000 home sales annually. Most Hackbridge conveyancing firms can not act for certain lenders so do check as early as possible.
What is the best way to investigate if the solicitor handling my conveyancing in Hackbridge is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for The Royal Bank of Scotland thus paying £187.00 plus VAT in another set of conveyancing fees.
You should make use of the find a conveyancing panel solicitor tool on this page. Please choose the lender and type ‘Hackbridge’ or your location and you will see a number of lawyer based in Hackbridge or by proximity to you.
Do I need to pay for insurance to protect me from financial exposure to chancel repairs when acquiring a property in Hackbridge?
Unless a previous purchase of the house took place after 12 October 2013 you may expect solicitors carrying out conveyancing in Hackbridge to remain encouraging a chancel search and or chancel repair liability policy.
In my capacity as executor for the will of my grandfather I am selling a residence in Newport but live in Hackbridge. My lawyer (approximately 260 miles from meneeds me to execute a statutory declaration ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Hackbridge who can witness and place their company stamp on the document?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are based in Hackbridge
My partner and I are acquiring a ground floor flat in Hackbridge. At the point of instructing our lawyer, they said that they were on all major UK lender panels. Our mortgage broker called yesterday to advise that they are not on the Aldermore approved list. Were it to be true, what should we do? Should we simply choose a new solicitor that is on their approved list or do we pay for dual representation, with Aldermore appointing their own approved property lawyer.
Where you are purchasing a property needing a mortgage it is standard for the buyer’s solicitors to also represent the purchaser's lender. In order to act for a bank or building society a property lawyer has to be on that lender's list of approved lawyers. An application has to be made by the solicitor to the lender to become a member of the lender's panel and there are increasingly strict criteria which the solicitor has to meet. Some lenders now require their panel members to be part of the Law Society’s Conveyancing Accreditation Scheme. Your conveyancing practitioner should call Aldermore to find out if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You don't have to instruct a firm on Aldermore's conveyancing panel and you may continue to use your own Hackbridge solicitors, in which case your legal fees may increase, and it may delay matters as you are adding another solicitor into the equation.