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Find a Hinckley Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Hinckley? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Hinckley transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Hinckley conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Hinckley

My wife and I are planning to purchase a 1 bedroom flat in Hinckley with a mortgage. We have a Hinckley lawyer, however the lender says he's not on their "panel". It appears that we have no choice but to instruct one of the lender panel firms or continue with our Hinckley solicitor as well as pay for one of their panel ones to represent them. We consider that this is unjust; is there anything we can do?

No, not really. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Hinckley conveyancing solicitor to apply to be on the conveyancing panel.

In what way does my ID and proof of funds have anything to do with my conveyancing in Hinckley? What am I being asked for?

To satisfy the Money Laundering Regulations any Hinckley conveyancing firm will require proof of identity in all conveyancing matters. This is usually dealt with by provision of a passport and an original bank statement or utility bill showing where you live.

Under Money Laundering Regulations, property lawyers are required to check not simply the ID of conveyancing clients but also the source of fund that they receive in respect of any matter. Refusal to disclose this will lead to your solicitor cancelling their retainer with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.

Your property lawyers will have an obligation to notify the appropriate authorities should they consider that any amounts received by them may contravene the Money Laundering Regulations.

I have been told that property searches are the primary reason for obstruction in Hinckley conveyancing transactions. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of hindrances during the legal transfer of property. Local searches are not likely to be the root cause of delay in conveyancing in Hinckley.

I have been sourcing a conveyancing lawyer in Hinckley for my house move. Is there any facility to check a firm’s record with the legal regulator?

Members of the public may search for presented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator could recorded telephone calls for training purposes.

We are in the midst of a leasehold sale of a flat in Hinckley. Conveyancing solicitors are doing their job but we have been asked to pay a fortune by the freeholder. To date we have paid £250 for a leasehold management pack and then another £118 for answers to queries raised by the purchaser's solicitor.

You will not have any say over the extent of the bill for this information but the typical fee for the information for Hinckley leasehold premises is £360. When it comes to Hinckley conveyancing sales it is standard for the vendor to pay for these charges. The freeholder or their agents are not duty bound to answer such questions most will agree to do so - albeit often at exorbitant prices out of proportion to the work involved. Regretfully there is no law that requires fixed charges for administrative tasks. There is no set time limit by which they are required to issue answers.

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