Is the fact that my conveyancer in Handsworth is not identified on my bank's solicitor panel that there is a problem with the quality of the firm’s work?
That would more than likely be a wrong assumption to make. 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 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. If you are concerned you should contact the Handsworth conveyancing firm and ask them why they are no longer on the approved list for your bank.
The Handsworth conveyancing firm handling our Handsworth conveyancing has identified an inconsistency between the information in the home valuation report and what is in the legal papers for the property. My lawyer says that he is obliged to ensure that the lender is OK with this discrepancy and is content to go ahead. Is my lawyer’s approach legitimate?
Your solicitor must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
Are there restrictive covenants that are commonly identified during conveyancing in Handsworth?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Handsworth. 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 need to find a conveyancing solicitor for sale conveyancing in Handsworth. I have chance upon a site which appears to be the perfect offering If it is possible to get all this stuff completed via web that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Do all mortgage companies provide you with an approved list of Handsworth solicitors? How do you know who is on the lender conveyancing panel?
Handsworth law firm practices and firms conducting conveyancing in Handsworth themselves provide us confirmation that they are on the mortgage company conveyancing panel as opposed to being supplied with a list from the mortgage company directly.