Am I correct in assuming that the fact that my conveyancer in Saffron Walden is not on my lender's solicitor panel that there is a problem with the standard of his conveyancing?
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 revealed 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. Should you be concerned you should contact the Saffron Walden conveyancing firm and enquire why they are no longer on the approved list for your mortgage company.
Having invested time scouring online forums for a recommended solicitor in Saffron Walden, many comment that I must instruct a CQS assured solicitor. What is CQS?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * compliance with best practice conveyancing processes through the scheme protocol Membership covers many partnerships who carry out conveyancing in Saffron Walden.
I have been told that property searches are a common reason for delay in Saffron Walden conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of delays in the conveyancing process. Searches are unlikely to feature in any delay in conveyancing in Saffron Walden.
I have recentlybeen informed that Action Conveyancing have been shut down. They conducted my conveyancing in Saffron Walden for a purchase of a leasehold flat 18 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?
The easiest method to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Saffron Walden conveyancing specialists.
What could I expect to pay for conveyancing in Saffron Walden?
The amount you are levied for Saffron Walden conveyancing fees are likely to be calculated at:
- a set fee; or
- an hourly rate (i.e. the time spent on the particular case).
These days very few Saffron Walden conveyancing firms invoice on an hourly basis