Is the fact that my conveyancer in Purfleet is not on my mortgage company's solicitor panel that there is a problem with the quality of his conveyancing?
It would be unwise to jump to that conclusion. There are all sorts of perfectly 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. Where you are concerned you should contact the Purfleet conveyancing practice and enquire why they are no longer on the approved list for your bank.
As someone with no idea as to conveyancing in Purfleet what is your top tip you can impart for the home moving process in Purfleet
Not many law firms shout this from the rooftops but conveyancing in Purfleet and elsewhere in England and Wales is often a confrontational process. In other words, when it comes to conveyancing there exists lots of room for conflict between you and others involved in the legal transfer of property. For example, the seller, property agent and sometimes a lender. Choosing a law firm for your conveyancing in Purfleet an important selection as your conveyancer is your adviser, and is the ONE party in the process whose role it is to protect your best interests and to protect you.
We are witnessing a definite creep of a "blame" culture- someone must be at fault for the process being so protracted. You your first instinct should be to trust your lawyer ahead of all other players when it comes to the legal assignment of property.
Do commercial conveyancing searches disclose impending roadworks that could affect a commercial estate in Purfleet?
Its becoming the norm that commercial conveyancing solicitors in Purfleet will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Purfleet. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Purfleet.
For each commercial conveyancing transaction in Purfleet it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately can result in delays to Purfleet commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Purfleet.
five months have elapsed following my purchase conveyancing in Purfleet concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a house in Purfleet before instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies tend refuse to grant a loan on such a premises.
It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. Should you wish to call us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Purfleet. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Purfleet to see if the conveyancing costs will increase in light of this.