My mortgage broker says he needs my Stockwood solicitor’s panel member for the HSBC conveyancing panel. Can you suggest how I obtain this. I have e-mailed my local Stockwood office but they have not responded to me.
The sensible thing to do is ask for this information from your Stockwood conveyancing practitioner . They retain a central record lender panel numbers.
Would the conveyancing lawyers identified via your search tool execute auction conveyancing in Stockwood?
We know of a number of auction lawyers we can connect you with those conducting auction conveyancing. Stockwood is one of our areas of in which our lawyers have a presence.
This question may be naive but I am wet behind the ears as a first time purchaser of a two bedroom flat in Stockwood. Do I receive the keys to the house on the completion date from my lawyer? If so, I will appoint a local conveyancing solicitor in Stockwood?
On the day of completion you do not need to attend the conveyancers office in Stockwood. Your solicitors will electronically transfer the purchase money to the vendor’s solicitors, and shortly after the monies have arrived, you will be able to pick up the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
We are getting the release of further monies on our mortgage from Coventry BS as we want to conduct a loft conversion to our property in Stockwood. Are we obliged to appoint a bricks and mortar Stockwood solicitor on the Coventry BS conveyancing panel to handle the legals?
Coventry BS would not normally require firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Coventry BS list.
I'm spending time viewing flats in Stockwood and I am about to put in an offer. Is it too early to have a solicitor in place? I intend to finance via a home loan with RBS.
You should start requesting conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. As you are seeking a mortgage with RBS, make sure you remember to check that your lawyer is on the RBS conveyancing panel.
I have been told that property searches are the primary reason for stalling in Stockwood house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances in the conveyancing process. Local searches are not likely to feature in any holding up conveyancing in Stockwood.
I opted to have a survey done on a property in Stockwood before instructing solicitors. I have been informed that there is a flying freehold element to the property. The surveyor advised that some mortgage companies tend not give a mortgage on this type of premises.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Stockwood. Conveyancing will be smoother if you use a solicitor in Stockwood especially if they are familiar with such properties in Stockwood.