Am I correct in assuming that the fact that my solicitor in Wood Green is not identified on my mortgage company's solicitor panel that there is a problem with the quality of her conveyancing?
That is more than likely a wrong assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator revealed that over three quarters 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 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 Wood Green conveyancing practice and enquire why they are no longer on the approved list for your lender.
I completed on my house on 12 January and my personal details are still not on the land registry website. Any reason for this? My conveyancing solicitor in Wood Green advises it would be registered inside ten days. Are properties in Wood Green uniquely lengthy to register?
There is nothing unique about conveyancing in Wood Green registration formalities. As opposed to being determined by geographic area, timescales can vary subject to who lodges the application, whether it is in order and if the Land registry must send notices to any 3rd parties. As of today in the region of three quarters of submission are fully addressed within two weeks but some can be subject to extensive hold-ups. Historically registration occurs after the purchaser is living at the property so post completion formalities is not typically an essential issue but if it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for an expedited registration.
I have been on the look out for a flat up to £195,000 and identified one close by in Wood Green I like with a park and station nearby, however it only has 51 years on the lease. There is not much else in Wood Green for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage the shortness of the lease will be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I need to find a conveyancing solicitor for freehold conveyancing in Wood Green. I've discover a site which appears to be the ideal offering If it is possible to get all the legals done via web that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Is it the case that all Wood Green solicitors on every bank conveyancing panel?
The Lexsure search tool on this page may be of use or you can go into your local bank branch in Wood Green. the probability is that they will know some good conveyancing solicitors in Wood Green