Much to our surprise we have been advised by our broker that my Higher Kinnerton property lawyer is not on the bank Conveyancing panel. How can I be sure whether this is correct?
Your first step should be to contact your Higher Kinnerton conveyancer. It is reasonable to expect your lawyer to notify you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
Please explain the implications if my lawyer’s firm is removed from the Aldermore Conveyancing panel ahead of completing my conveyancing in Higher Kinnerton?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
I have been told that property searches are the main reason for obstruction in Higher Kinnerton house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not figure within the common causes of delays in the conveyancing process. Searches are unlikely to be the root cause of delay in conveyancing in Higher Kinnerton.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Higher Kinnerton is where the house is located. Can you shed any light on this issue?
Flying freeholds in Higher Kinnerton are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Higher Kinnerton you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Higher Kinnerton 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 property.
I am downsizing from my property. My previous conveyancers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Higher Kinnerton if that affects matters.
Please use our search tool to help you find a solicitor for your conveyancing in Higher Kinnerton. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.