Am I correct in assuming that the fact that my conveyancer in Aldborough Hatch is not identified on my mortgage company's solicitor panel that there is a problem with the quality of the firm’s conveyancing?
That is most likely a wrong assumption to make. There are plenty of reasonable 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. Where you are concerned you should contact the Aldborough Hatch conveyancing practice and enquire why they are no longer on the approved list for your bank.
The owners of the property we are hoping to buy are using a conveyancing solicitor in Aldborough Hatch who has insisted on a preliminary agreement with a non-refundable deposit 10k. Are such agreements sensible?
There are two main downsides with entering into any lock out contract (sometimes referred to as an exclusivity agreement) is that it takes away the focus from moving forward with the conveyancing work, so unless it requires limited or no negotiation then it may turn out to be unhelpful. It is not strongly advocated amongst Aldborough Hatch conveyancing practitioners for this reason. A further issue is the extent of the remedies available - an aggrieved purchaser is very unlikely to be granted injunctive relief to prevent the vendor completing the sale to an alternative purchaser, so the only remedy open via the agreement will be the recovery of abortive costs and, in limited circumstances, the additional payment of penalties.
I have an AIP. The lender mentioned the loan came with free conveyancing. Does this mean I have to use their panel conveyancer as I would prefer to appoint a high street conveyancing solicitor in Aldborough Hatch?
Do check but the chances are that appoint one of their panel conveyancers where you take up the "fee-free" offer. Call the lender to determine if they offer you a cash alternative. In the past a few lenders offered a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor in Aldborough Hatch.
The estate agent has sent us the confirmation of our purchase of a new build flat in Aldborough Hatch. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Aldborough Hatch
-
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I have been advised by numerous estate agents in Aldborough Hatch to find a property lawyer on your site. Is there a financial advantage for Estate Agents to recommend your site over and above alternative conveyancing organisations?
We refuse to offer any financial incentive for pointing buyers and sellers to this site. We found it would be just too difficult a fee as members of the public would think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
As co-executor for the will of my father I am selling a property in Swansea but I am based in Aldborough Hatch. My solicitor (who is 200 kilometers awayrequires that I sign a stat dec before completion. Can you recommend a conveyancing solicitor in Aldborough Hatch who can attest and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are based in Aldborough Hatch