I have just been advised by my IFA that my Sandhurst the law firm I have appointed is not on the lender Solicitor panel. How can I be certain that this is indeed the case?
The sensible course of action for you to take is to call your Sandhurst conveyancer. It is reasonable to expect your lawyer to advise you what has happened. Where they are not on the panel they may be able to suggest a Sandhurst conveyancing practice that is on the approved list of lawyers for your bank.
AssumingI was to buy a straightforward housein Sandhurst for cash and have no survey and no local authority searches how much could I expect to to save on my conveyancing in Sandhurst?
The sole saving you would make on is the disbursement for searches. Your lawyer is obliged to do the vast majority of work - money laundering, correspond with your vendors conveyancing practitioner, stamp duty return, register the ownership etc. A marginal saving might be made by not having to register a mortgage but it will not be meaningful.
Are the Sandhurst conveyancing solicitors identified as being on the Virgin Money conveyancing panel, together with their details provided by Virgin Money?
Sandhurst conveyancing firms themselves provide us confirmation that they are on the Virgin Money conveyancing panel as opposed to being supplied with a list from Virgin Money directly.
Having spent time scouring moneysavingexpert.com for a recommended lawyer in Sandhurst, most say that I must instruct a CQS accredited lawyer. Can you explain what CQS is?
Sandhurst Conveyancing Quality Scheme practices have achieved accreditation by the law Society CQS was created to promote high standards in the in the legal transfer of properties. CQS enables consumers to identify solicitor firms who provide a quality residential conveyancing. Sandhurst is one of the many areas in England and Wales in which CQS are located. The conveyancing scheme requires law firms to undergo a strict assessment, compulsory training, self-certification, random audits and annual reviews in order to maintain CQS status. It is open only to members of the Law Society who meet the demanding standards set by the scheme and has the support of the Legal Ombudsman.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Sandhurst is the location of the property. Can you shed any light on this issue?
Flying freeholds in Sandhurst are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sandhurst you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sandhurst may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.