Is the fact that my conveyancer in Holmes Chapel is not identified on my lender's conveyancing panel that there is a problem with the quality of her conveyancing?
It would not be wise to jump to that conclusion. There are plenty of plausible explanations. A recent report by the solicitors regulator indicated 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 contact the Holmes Chapel conveyancing firm and ask them why they are no longer on the approved list for your lender.
Various internet forums that I have frequented warn that are the main reason for stalling in Holmes Chapel house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays during the legal transfer of property. Local searches are not likely to feature in any slowing down conveyancing in Holmes Chapel.
I am looking for a leasehold apartment up to £245,000 and found one round the corner in Holmes Chapel I like with open areas and station in the vicinity, the downside is that it only has 61 years on the lease. I can't really find anything else in Holmes Chapel in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a home loan the shortness of the lease will be an issue. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
Is it possible to change solicitor as I need to retain a firm on the Alliance & Leicester conveyancing panel. I hired a high street conveyancing solicitor in Holmes Chapel round the corner but she is not accepted by Alliance & Leicester
We will our best to assist in finding you a conveyancing solicitor in Holmes Chapel on the Alliance & Leicester panel. Please note that the conveyancers that we work with do not pay us commission if you instruct them and are authorised and regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Holmes Chapel. Using search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Holmes Chapel.
What type of property do your Holmes Chapel conveyancing estimates relate to?
The quotes issued are only applicable to standard residential homes in England & Wales. Where you have any different needs such as industrial or agricultural land or commercial conveyancing in Holmes Chapel please telephone us to discuss this further .