Examples of recent questions relating to the Hinckley and Rugby Conveyancing Panel from members of the public
I instructed a solicitor to conduct the legal paperwork on my purchase 4 weeks ago having applied for a mortgage with Hinckley and Rugby. The law firm confirmed to me that they are on Hinckley and Rugby conveyancing panel and gave me their panel reference. Hinckley and Rugby then called me to say that their panel number was dormant and would need to be reactivated. What do I do from here? Should I appoint a new solicitor listed on the approved panel for Hinckley and Rugby?
The answer depends on whether you still have confidence in the said solicitors and how long it will take for the firm to be reinstated on the Hinckley and Rugby conveyancing panel You may wish to enlist the help of your broker to check with the Hinckley and Rugby as to the time frame to get your lawyer reinstated on the panel once again.
My grandson is buying a house that has just been built with a home loan from Hinckley and Rugby. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Hinckley and Rugby conveyancing panel as a standard part of the process, and to the valuer when requested.
The Developer will be required to start the process by downloading the form and completing it.
The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Hinckley and Rugby conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Your search tool is useful but there are many lawyers listed near Newcastle on the Hinckley and Rugby conveyancing panel. It would be a lot more helpful if you could recommend a specific firm on the Hinckley and Rugby approved panel?
We do not recommend specific firms as the right firm for you depends on where your priorities lie. For example you may require a local firm with local knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..
My lawyers in Birmingham have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with Hinckley and Rugby. Is it case that being on the Hinckley and Rugby conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the Hinckley and Rugby Conveyancing Panel Terms. It might be worth you contacting Hinckley and Rugby directly.
Can I be sure that the solicitor on the Hinckley and Rugby panel is any good?
Getting recommendations is a good starting point. Before you go ahead check if they offer a no sale no fee offer. Also you often get what you pay for - a firm which quotes more will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer handling your transaction
I have paid off my mortgage with Hinckley and Rugby. I assume I don't need a solicitor on the Hinckley and Rugby panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Hinckley and Rugby mortgage they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Hinckley and Rugby mortgage from the register. Hinckley and Rugby,and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
but are not moving to another property
where the Hinckley and Rugby has sent the Land Registry the discharge electronically, and
the Hinckley and Rugby has instructed the Land Registry to do so
The Land Registry will send you a letter confirming that your Hinckley and Rugby mortgage has been paid off.
The mortgage over my property is with Hinckley and Rugby. Conveyancing has been completed months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Hinckley and Rugby?
You must advise Hinckley and Rugby in advance of renting your property as this is likely to be a breach of Hinckley and Rugby’s mortgage conditions. It may be that Hinckley and Rugby will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Hinckley and Rugby directly. It should not be necessary to do this via a Hinckley and Rugby conveyancing panel lawyer.