Am I correct in assuming that the fact that my solicitor in Glenfield is not on my bank's conveyancing panel that there is a problem with the quality of her work?

That is most likely an incorrect assumption to make. There are plenty of plausible explanations. Just recently a report by the solicitors regulator revealed 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) lack 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. If you are concerned you should contact the Glenfield conveyancing firm and enquire why they are no longer on the approved list for your mortgage company.

AssumingI was to buy a straightforward propertyin Glenfield mortgage fee and dispense with a survey and no conveyancing searches how much should I expect to to save on my conveyancing in Glenfield?

Any savings you would make will be limited to the Glenfield conveyancing searches. A property lawyer still got to do everything else - money laundering, liaising with your sellers solicitor, stamp duty submission, register the ownership etc. A slight saving might be made by not needing to register a charge however it will not be meaningful.

What does my ID and proof of funds have anything to do with my conveyancing in Glenfield? Why is this being asked of me?

Glenfield conveyancing solicitors and indeed property lawyers accross the UK have a duty under Anti-terror and anti-money-laundering rules to check the ID of any client with a view to satisfy themselves that clients are who they say they are.

Conveyancing clients are required to supply two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and proof of address (usually a Bank Statement less than 3 months old).

Proof of the origin of funds is also required under the money laundering regulations as conveyancers are duty bound to investigate that the money you are using to buy a property (be it the exchange deposit or the full purchase price if you are a cash purchaser) has come from legitimate source (such as an inheritance) and is not the proceeds of illegitimate behaviour.

My relative advised me that where I am buying in Glenfield I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is occasionally included in the estimate for your Glenfield conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Glenfield around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Glenfield Education with plans and statistics, Local Amenities and other useful information about Glenfield.

Is there an average legal costs for conveyancing in Glenfield?

The average fee in 2014 for conveyancing in Glenfield was just under one thousand five hundred pounds excluding Stamp Duty and Land Registry charges.