Am I correct in assuming that the fact that my solicitor in Sutton on Trent is not listed on my bank's conveyancing panel that there is a problem with the standard of his conveyancing?
That is most likely 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 top 5 reasons are as follows: (1) low volume 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. Where you are concerned you should contact the Sutton on Trent conveyancing firm and ask them why they are no longer on the approved list for your bank.
My Solicitor in Sutton on Trent has never been on on the Barnsley Building Society Solicitor Panel. Can I still continue with my family solicitor notwithstanding that they are not on the Barnsley Building Society list of approved lawyers?
Your options are as follows:
- Carry on with your preferred Sutton on Trent solicitors but Barnsley Building Society will need to retain a lawyer on their panel. This will inevitably rack up the overall legal fees and result in delays.
- Get an alternative solicitor to to deal with the purchase, not forgetting to check they are on the Barnsley Building Society panel
My relative recommended that where I am buying in Sutton on Trent I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes included in the estimate for your Sutton on Trent conveyancing searches. It is not a small report of more than thirty pages, listing and detailing important information about Sutton on Trent around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Sutton on Trent Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Sutton on Trent Education with plans and statistics, Local Amenities and other useful data concerning Sutton on Trent.
Are there restrictive covenants that are commonly identified during conveyancing in Sutton on Trent?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Sutton on Trent. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Our conveyancer in Sutton on Trent has informed me that he requires proof of ID documents asserting that this is part of his legal duty as a conveyancer on the mortgage company Conveyancing panel. Can this be correct?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the lender. This is not unique to conveyancing in Sutton on Trent