Am I correct in assuming that the fact that my solicitor in Ash is not listed on my mortgage company's conveyancing panel that there is a problem with the standard of the firm’s conveyancing?
That would more than likely be an incorrect assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator indicated 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. If you are concerned you should contact the Ash conveyancing practice and ask them why they are no longer on the approved list for your bank.
I am under pressure from the executor of a property in Ash to complete within four weeks. What can I do to expedite matters?
In the event that the seller is applying a tight deadline to complete it is advisable to make sure that your conveyancer is familiar with the location as they will have local relationships and intelligence. It is possible that they would have conducted previoushomes in the same road. Therefore consider using a Ash conveyancing solicitor. Second, double check that the lawyer is on the on the approved list for your mortgage company. It is estimated that nearly one in five of Ash conveyancing deals are frustrated or jeopardised after finding out that a buyer’s solicitor was not on their banks panel. In many cases this discovery resulted in the buying process being delayed by almost 21 days. It is claimed that this issue impacts approximately one hundred thousand home sales annually. Many Ash conveyancing practices can not represent certain banks so do check as early as possible.
2 months have gone by since my purchase conveyancing in Ash concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am selling my house. My past conveyancers has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Ash if that makes things easier.
Do use our search tool to help you find a solicitor for your conveyancing in Ash. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Can you offer any advice when it comes to finding a Ash conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Ash conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with several firms including non Ash conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:
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How experienced is the firm with lease extension legislation? What are the costs for lease extension work?
I purchased a 1 bedroom flat in Ash, conveyancing having been completed in 1997. How much will my lease extension cost? Similar flats in Ash with over 90 years remaining are worth £180,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease expires on 21st October 2082
With 58 years remaining on your lease we estimate the price of your lease extension to span between £22,800 and £26,400 plus professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.
I'm selling a house in Ash. I can find my conveyancer's company on the CLC list, but I can't find my conveyancer's name as listed on the regulator's website. Should I be concerned?
Not all staff in the law firm must be listed by the regulator. As long there is someone qualified to 'oversee' the transaction, the actual day-to-day activity can be conducted by unlicensed staff.