Is the fact that my solicitor in Chiswick is not listed on my mortgage company's conveyancing panel that there is a problem with the quality of the firm’s conveyancing?
That would more than likely be an incorrect assumption to make. There are all sorts of perfectly plausible 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) low volume 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. Should you be concerned you should simply call the Chiswick conveyancing practice and ask them why they are no longer on the approved list for your bank.
What does my ID and proof of funds have anything to do with my conveyancing in Chiswick? What am I being asked for?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with prior to agreeing to accepting their conveyancing business. The Terms of Engagement that you need to sign will no doubt confirm this. Your lawyer also has obligations to obtain certain documents in accordance with the CML Lenders Handbook requirements last updated on 1st December 2014. Where you are unwilling to hand over ID verification documents, your conveyancer can not take you on as a client.
Are there restrictive covenants that are commonly identified as part of conveyancing in Chiswick?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Chiswick. 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 am looking for a conveyancing lawyer in Chiswick for my purchase. Can I see a firm’s record with the profession’s regulator?
You may see presented Solicitor Regulator Association (SRA) determinations stemming from investigations started on or after Jan 2008. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, call +44 (0)121 329 6800. The SRA sometimes monitor call for training reasons.
I have just had an offer accepted on a leasehold flat in Chiswick and the estate agent that we are dealing with suggested his conveyancing practitioner. They quoted £800 excluding VAT and disbursements. Does this sound steep?
Don't just go on a single quote. One should obtain like-for-like quotes for your conveyancing in Chiswick. Then choose one that you are comfortable with and crucially, is on the approved list of the mortgage company that you are sourcing your mortgage from.