Am I correct in assuming that the fact that my conveyancer in Isle Of Wight is not identified on my mortgage company's solicitor panel that there is a problem with the quality of his work?
That is more than likely an incorrect assumption to make. There are all sorts of perfectly reasonable explanations. Just recently a 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 lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should contact the Isle Of Wight conveyancing practice and enquire why they are no longer on the approved list for your lender.
My brother-in-law has suggested I instruct a conveyancing solicitor in Isle Of Wight. I need to find out if they are accepted on the Virgin Money conveyancing panel. Can you advise?
The first thing to do is contact your solicitor and enquire if they are on the lender panel. Otherwise you can get in touch with Virgin Money who may be able to assist.
I require fast conveyancing in Isle Of Wight as I am under an ultimatum to exchange contracts within one month. A home loan is not required. Is it possible to decline from having conveyancing searches to save money and time?
If.Given you are are a mortgage free buyer you are at free not to have searches carried out although no conveyancer would suggest that you don't. With plenty of history conveyancing in Isle Of Wight the following are examples of issues that can be revealed and adversely affect future saleability: Enforcement Notices, Overdue Charges, Outstanding Grants, Unadopted Roads,...
I used Action Conveyancing several years past for my conveyancing in Isle Of Wight. Now, I need my files but cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing 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 Isle Of Wight of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Am I better off to use a Isle Of Wight conveyancing practitioner in close proximity to the house I am purchasing? An old friend can carry out the conveyancing however his firm is located approximately 350miles away.
The primary upside of using a high street Isle Of Wight conveyancing practice is that you can pop in to execute documents, deliver your ID and apply pressure on them where appropriate. They will also have local knowledge which is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If if people you trust instructed your friend and on the whole were impressed that must outweigh using an unfamiliar Isle Of Wight conveyancing lawyer solely due to them being local.