We are acquiring a new build flat in Thornhill and my lawyer is advising me that she is duty bound to the lender to reveal incentives from the developer. I am under pressure to exchange contracts and I have no desire to delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your solicitor. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook specifications. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Me and my partner are purchasing a property in Thornhill. I might seem paranoid but how we can trust a conveyancer? At some point we will need to put our life savings into their account. What is the protection we have from them run away with our money?
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.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Thornhill?
There are many registered licenced Conveyancers in Thornhill and Solicitor partnerships in Thornhill offering conveyancing It is important to make clear that the two are regulated professionals specialising in the legal aspects of transferring property. Both can handle other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
Two weeks ago we had a mortgage agreed in principle with HSBC. Thornhill conveyancing lawyers are chosen. What is the average time that one could expect to receive a mortgage offer from HSBC?
Some lenders take longer than others. Have HSBC completed the survey? Have you informed HSBC as to your lawyers' details and checked that your lawyers are on the HSBC conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
We are close to exchanging contracts on the sale of our house in Thornhill and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A high street Thornhill lawyer would know that there is no such problem. For the life of me I don't know why the buyers instructed a web based conveyancing outfit rather than a conveyancing solicitor in Thornhill. We have lived in Thornhill for 5 years we know that this is a non issue. Should we get in touch with our local Authority to obtain clarification need.
It would appear that you have a conveyancing lawyer currently acting for you. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I have todaybeen informed that Arc property Solicitors have been shut down. They conducted my conveyancing in Thornhill for a purchase of a freehold house 12 months ago. How can I check that the property is in my name in the name of the previous owner?
The easiest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Thornhill conveyancing specialists.
How does conveyancing in Thornhill differ for newly converted properties?
Most buyers of new build or newly converted property in Thornhill approach us having been asked by the builder to exchange contracts and commit to the purchase even before the house is constructed. This is because house builders in Thornhill tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Thornhill or who has acted in the same development.
My husband and I today discovered that one of the partners of the solicitors undertaking the purchase conveyancing in Thornhill is is the sister of the owners that we are buying from. Is this permitted?
On the basis that there is no conflict of interest this is permitted. Where you are obtaining a mortgage then the lender may have a say as many mortgage companies have specific instructions on this. For example for Virgin as of 21/7/2026, the requirements read as follows :