Is the fact that my solicitor in Hurstpierpoint is not listed on my bank's solicitor panel that there is a problem with the quality of her conveyancing?

It would not be wise to jump to that conclusion. There are plenty of reasonable explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should contact the Hurstpierpoint conveyancing firm and enquire why they are no longer on the approved list for your bank.

Do the conveyancing lawyers that you recommend execute conveyancing in Hurstpierpoint by way of an attended exchange?

We do have a number of conveyancing specialists carrying out attended exchanges. You should call us to receive a fee calculation and details as to dates.

I own a freehold premises in Hurstpierpoint yet invoiced for rent, why is this and what is this?

It is rare for properties in Hurstpierpoint and has limited impact for conveyancing in Hurstpierpoint but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.

Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.

Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.

I had intended to instruct a conveyancing solicitor in Hurstpierpoint for our house purchase. Our broker informed us that our mortgage lenders Accord Mortgages Ltd won't deal with them. Why is this not regarded as unfair competition?

Before the recession most banks had an appetite for risk which was higher than today. Almost all Hurstpierpoint conveyancing firms would have been on most bank panels. The Financial Services Authority in 2010 carried out a thematic review into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more data from law firms relating to their operations and the individuals who work for them as well as establishing certain criteria such a completing on a minimum number of conveyancing. Many Hurstpierpoint conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Hurstpierpoint is one of the many locations where the lawyers showing on our search results are are authorised to act for Accord Mortgages Ltd.

Are you able to explain what options are available to me where my Hurstpierpoint conveyancing searches reveals detrimental results?

Usually, almost all concerns arising from Hurstpierpoint conveyancing search responses can be handled before completion or indemnity insurance may be obtained. It is crucial to remember that regardless of the fact that you are purchasing the property and might be willing to live with the search results, your mortgage lender may not, and when all said and done they have the word say.