Am I correct in assuming that the fact that my solicitor in Catterick Garrison is not listed on my lender's conveyancing panel that there is a problem with the quality of her work?
It would be unwise to jump to that conclusion. There are plenty of reasonable explanations. A recent report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the lawyer 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 Catterick Garrison conveyancing firm and enquire why they are no longer on the approved list for your bank.
I am in a contract race with another prospective purchaser for a property in Catterick Garrison. What can I do to expedite matters?
First, If you are under pressure for your conveyancing it is highly recommended that your conveyancer is familiar with the area as they will have local relationships and know-how. It is possible that they could have handled otherhouses in the same road. You would be best advised to use a Catterick Garrison conveyancing lawyer. In addition, be sure that the lawyer is on the on the approved list for your mortgage company. It is claimed that just under twenty per cent of Catterick Garrison conveyancing transactions are suspended or jeopardised after discovering a purchaser’s lawyer was not on their banks member panel. This can often result in the conveyancing being held up by as much as 21 days. It is estimated that this issue impacts approximately 100,000 home moves every year. Almost all Catterick Garrison conveyancing firms can not act for certain banks so do check at the outset.
I appreciate that there are debates on Chancel Insurance on online forums. Do I require this when buying a residence in Catterick Garrison? or Apparently there is an ancient law that means some homeowners residing in a parish church boundary may be liable to contribute towards maintenance towards the chancel in proximity to the church. Is this appropriate for conveyancing in Catterick Garrison?
Unless a previous purchase of the premises took place post 12 October 2013 you could take it that solicitors handling conveyancing in Catterick Garrison to remain encouraging a chancel search and or chancel repair liability policy.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Catterick Garrison?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Catterick Garrison. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a simple, no chain conveyancing. Catterick Garrison is where the house is located. Can you offer any assistance?
Flying freeholds in Catterick Garrison are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Catterick Garrison you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Catterick Garrison may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.