I can't travel far from Hedge End. What is the rationale as to why all Hedge End property lawyers are not on all lender panels?
Before the recession most banks had an approach to risk which is different than today. The FSA in 2010 instigated a thematic review into property fraud which in summary warned lenders: know the conveyancing practitioners on your panel. Consequently, banks have since looked to extract more data from law firms concerning their operations and the staff employed by them and set certain criteria such as completing a minimum volume of transactions. Thousands of firms have found themselves excluded from lender panels even though they had 100% healthy track record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Many firms found it impossible satisfy the criteria of amount of transactions the lenders set.
Can the conveyancing lawyers via your comparison service carry out attended exchange conveyancing in Hedge End?
We do have a number of conveyancing specialists who can conduct one day exchanges. Do contact us to secure a costs illustration and details as to availability.
Due to the input of my in-laws I had a survey completed on a house in Hedge End before appointing lawyers. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some banks tend refuse to issue a mortgage on this type of property.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. If you contact us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hedge End. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hedge End to see if the conveyancing costs will increase in light of this.
Hoping to buy a property located in Hedge End and I am already nervous. I couldn't find anything specific about Hedge End. Conveyancing will be needed in due course but do you know about the Hedge End area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Hedge End. In the meantime here are some basic statistics that we found
I am looking to purchase a repossessed flat in Hedge End and the vendor would like to complete inside a month. Do conveyancers meet that timeframe? Would it be better to use a local Hedge End firm or an online organisation that advertises to complete quickly?
Attend your Hedge End shopping parade. Go in to two or three firms and request to see a conveyancing solicitor for a quote. Discuss your requirements and try and obtain assurances on deadlines. Choose the firm that appears most genuine. Make sure to choose a conveyancing practitioner on the panel of conveyancers acceptable to your lender.