I am not well enough to travel far from Trimdon. I would like to know the logic why all Trimdon conveyancing practitioners aren't included on all bank panels?
A decade ago most banks had an attitude to risk which differs from the current day. The FSA in 2010 carried out a thematic review into property fraud which in summary warned lenders: know the property lawyers on your panel. As a result, lenders have subsequently requiredmore information from law firms concerning their operations and the staff who work for them and set certain criteria such as completing a minimum number of transactions. Thousands of firms have been removed from lender panels even though they had 100% healthy disciplinary record, no complaints and no claims and didn't just 'dabble' in conveyancing. Many firms found it impossible meet the criteria of volume of transactions the lenders insisted on.
Various web forums that I have frequented warn that are the main cause of hinderance in Trimdon house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances during the legal transfer of property. Searches are not likely to be the root cause of holding up conveyancing in Trimdon.
Despite weeks of looking the Title Certificate and documents to my property are lost. The lawyers who did the conveyancing in Trimdon 10 years ago no longer exist. What do I do?
You no longer need to hold title deeds to prove you are the registered proprietor of land or property, given that the Land Registry hold details of all registered land or property electronically.
What are your top tips when it comes to finding a Trimdon conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for lease extension works (regardless if they are a Trimdon conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you talk with several firms including non Trimdon conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be useful:
What are the charges for lease extension conveyancing?
Leasehold Conveyancing in Trimdon - Sample of Queries before Purchasing
This information is important as a) areas can cause problems for the block as the communal areas may begin to deteriorate where services remain unpaid b) if the tenants have an issue with the running of the building you will wish to know about it It would be sensible to enquire if there are any onerous restrictions in the lease. For example it is reasonably common in Trimdon leases that pets are not permitted in certain buildings in Trimdon. If you like the propertyin Trimdon yet your cat can’t move with you then you will be faced hard decision. What is the length of the lease?
I was told by my lender that their approved conveyancers work on no sale no charge basis for conveyancing in Trimdon. My purchase aborted nevertheless the solicitors want search fees! They are stating that the fees are seperate!
in promising "no move no fee" Trimdon conveyancing lawyers are waiving their charges for any work done. We should make it clear that this is NOT an insurance scheme. you will still be expected to reimburse any costs that the conveyancer has expended on your behalf such as Trimdon local authority searches