Am I correct in assuming that the fact that my conveyancer in Herefordshire is not on my lender's solicitor panel that there is a problem with the standard of the firm’s work?
It would be unwise to jump to that conclusion. There are plenty of reasonable explanations. Just recently a 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) 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. Should you be concerned you should contact the Herefordshire conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
Can conveyancing in Herefordshire to be done in under a month?
First, If the seller is applying pressure to complete we would recommend that your solicitor is familiar with the location as they will make use of local contacts and knowledge. It is even conceivable that they may have handled otherhomes in the same street. Therefore consider using a Herefordshire conveyancing lawyer. In addition, make sure that the conveyancing firm is on the member panel. It is understood that just under twenty per cent of Herefordshire conveyancing transactions are suspended or jeopardised after finding out that a buyer’s conveyancer was not on their banks panel. In many cases this discovery resulted in the conveyancing being delayed by an average of 21 days. It is claimed that this issue affects in the region of one hundred thousand home moves every year. Almost all Herefordshire conveyancing practices can not act for certain mortgage companies so do check at the outset.
I used Action Conveyancing a few years ago for my conveyancing in Herefordshire. Now, I need the files however cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Herefordshire of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
About to purchase a new build apartment in Herefordshire. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Herefordshire
Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. There must be mutual enforceability of lessee’s covenants. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply a car parking plan.
I am looking for a flat up to £305k and identified one close by in Herefordshire I like with a park and transport links nearby, however it's only got 61 years on the lease. I can't really find anything else in Herefordshire for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a home loan that many years may be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.