Am I correct in assuming that the fact that my solicitor in Longbenton is not identified on my lender's conveyancing panel that there is a problem with the standard of the firm’s conveyancing?
That is most likely an incorrect assumption to make. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator revealed 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 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 Longbenton conveyancing practice and ask them why they are no longer on the approved list for your mortgage company.
How do I discover of the solicitor carrying out my conveyancing in Longbenton is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Godiva Mortgages Ltd thus paying £175.00 in another set of legal invoice.
Please do make use of the find a conveyancing panel solicitor tool on this site. Please choose the mortgage company and type ‘Longbenton’ or your location and you will discover numerous conveyancers offices in Longbenton or near you.
Despite weeks of looking the Title Certificate and documents to my property are lost. The conveyancers who conducted the conveyancing in Longbenton 4 years ago have long since closed. Will I be able to sell the house?
In today’s world there are duplicates made of almost everything, and your solicitor will be aware precisely where to look for all the appropriate paperwork so you can buy or dispose of your property without any difficulty. Where copies can’t be located, your conveyancer may be able to put in place insurance or indemnities against future claims on your premises.
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one close by in Longbenton I like with amenity areas and transport links nearby, however it only has 49 years unexpired on the lease. I can't really find anything else in Longbenton suitable, so just wondered if I would be making a grave error buying a short lease?
Should you require a home loan the shortness of the lease will be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
Is it simple use the search tool to find a conveyancing solicitor in Longbenton on the authorised to act for my lender?
First choose a lender such as Nationwide Building Society, The Royal Bank of Scotland or Nottingham Building Society then choose your location a common one being Longbenton. Conveyancing organisations in Longbenton and beyond will then be shown.