Am I correct in assuming that the fact that my solicitor in South East London is not on my lender's solicitor panel that there is a problem with the quality of his conveyancing?
That would most likely be an incorrect assumption to make. There are plenty of plausible 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) lack of transactions (2) the solicitor 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 South East London conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
We have very assertive vendors who has recommended a preliminary contract with a deposit 10k. Are such agreements sensible?
This type of agreement is not the norm in South East London, conveyancers will often sway clients away from them as they detract from focusing on the main conveyancing focus and if you end up losing your deposit then the solicitor at best left with an upset client and at worst a litigious one. In addition, there is no assurance that just because the proprietor has signed an exclusivity agreement they will sell to you. They may breach the agreement if they are offered sufficient offer to do so because an aggrieved party with the benefit of a exclusivity agreement will still be obliged show losses as a consequence of the breach and this may not equalise the financial upside that your vendor may gain by breaching the contract, no matter how morally unworthy it undoubtedly is.
I am planning on selling our property in South East London and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street South East London lawyer would know that there is no such problem. It does beg the question why the buyers used an internet conveyancing outfit rather than a conveyancing solicitor in South East London. We have lived in South East London for many years we know of no issue. Should we contact our local Authority to seek confirmation that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
What does commercial conveyancing in South East London cover?
South East London conveyancing for business premises covers a broad range of guidance, provided by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
We are 3 weeks into a freehold purchase having been referred to solicitors by the local agent to carry out the conveyancing in South East London. I am not happy. Could you you assist me in finding new lawyers?
They would have to be really poor to suggest changing them. Has your mortgage offer been generated? If so you will need to make them aware of the new solicitor and get the loan are issued to the new lawyers. Your new solicitor ideally should be on the banks approved list to avoid escalating costs and delays. So that should be your first question of the new solicitors. Our find a solicitor tool should help you find a bank approved lawyer for your home move in South East London