My partner and I are buying a new build flat in Hassocks and my lawyer is advising me that she is duty bound to the mortgage company to reveal incentives from the builder. I am under pressure to sign contracts and my preference is not to prolong the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your . A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
It is is a decade since I purchased my property in Hassocks. Conveyancing solicitors have now been appointed on the sale but I am unable to track down my deeds. Is this a problem?
Don’t worry too much. First there is a chance that the deeds will be with your mortgage company or they could be archived with the lawyers who acted in your purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in Hassocks relates to registered property but in the rare situation where your property is unregistered it adds to the complexity but is resolvable.
Our lender has recommended a law firm on their panel based in Hassocks but I would rather use a conveyancing lawyer in Hassocks or nearer to where I live. Are you able to assist?
The minority of Hassocks conveyancing solicitors are approved and listed on all banks conveyancing panel. Use the above search tool to choose a Hassocks conveyancing firm on the on the mortgage company panel.
My wife and I are buying a flat in Hassocks. It might be a silly question but how we can trust a solicitor? On completion day we have to deposit funds into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is it correct that all Hassocks CQS (Conveyancing Quality Scheme) solicitors are on the conveyancing list of approved firms?
A selection of banks and building societies now make use of the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of conveyancing solicitors.
About to purchase apartment in Hassocks. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the 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 Hassocks is on the conveyancing panel.
In my capacity as executor for the estate of my father I am selling a house in Newport but reside in Hassocks. My solicitor (approximately 260 miles awayneeds me to sign a statutory declaration prior to completion. Could you suggest a conveyancing solicitor in Hassocks to attest this legal document for me?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Hassocks based