Am I correct in assuming that the fact that my conveyancer in Longhope is not on my mortgage company's conveyancing panel that there is a problem with the standard of the firm’s work?
It would not be wise to jump to that conclusion. There are plenty of reasonable explanations. A recent report by the solicitors regulator revealed 76% 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 simply call the Longhope conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
Completed the sale of my flat in Longhope last February but our buyer keeps calling every few hours to say their solicitor needs to hear from myconveyancer. What should have happened following completion?
Following your house sale your lawyer is committed to forward the transfer deeds and all of the paperwork to the buyer’s conveyancer. Where relevant, your lawyer should also evidence that the home loan has been discharged to the purchasers conveyancers. There are no post completion formalities just for conveyancing in Longhope.
We hope to to buy with Loughborough BS. I popped in a few local solicitors but cant to find a Longhope conveyancing firm on the Loughborough BS panel. Could you assist?
Feel free to make the most of the search tool on this page. Please choose the mortgage company and type Longhope or your location and you will see numerous solicitors offices in Longhope or near you.
I am helping my mother sell her property in Longhope. Will the conveyancing solicitor commission an energy performance certificate or it is for the seller to see to?
After the demise of Home Information Packs, EPC’s became a mandatory part of selling a property. An energy assessment should be commissioned prior to the property being placed on the market. It is not as aspect of the sale process that law firms normally organise. Where you are using a Longhope conveyancing practitioner they might be able to arrange energy performance certificates given their relationships with long established local providers
A relative informed me that in purchasing a property in Longhope there could be various restrictions prohibiting external alterations to a property. Is this right?
There are a number of properties in Longhope which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Longhope should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
When it comes to lenders such as Coventry BS, do Longhope conveyancing practitioners incur an annual charge to be on the conveyancing panel?
We are unaware of any lender fees to register on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel submission.
About to purchase a new build apartment in Longhope. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Longhope
Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.