Am I correct in assuming that the fact that my solicitor in Binstead is not identified on my mortgage company's solicitor panel that there is a problem with the standard of her work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. A recent 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) 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 Binstead conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
We are close to exchanging contracts on the sale of our property in Binstead and according to the buyers it appears that there is a risk of it being constructed on contaminated land. A local conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers are using a national conveyancing outfit as opposed to a conveyancing solicitor in Binstead. Having lived in Binstead for six years we know that this is a non issue. Should we get in touch with our local Authority to seek clarification need.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
How does conveyancing in Binstead differ for newly converted properties?
Most buyers of new build premises in Binstead approach us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Binstead usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Binstead or who has acted in the same development.
I have been on the look out for a ground for flat up to £305k and identified one close by in Binstead I like with open areas and station in the vicinity, however it only has 51 remaining years left on the lease. I can't really find anything else in Binstead for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a home loan that many years may be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.
What does commercial conveyancing in Binstead cover?
Binstead conveyancing for business premises covers a wide range of guidance, provided by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
My mother completed her conveyancing in Binstead ten years past. She has got married, divorced and in recent months got remarried. She intends to sell the property next summer. I think she will just be requested to provide a copy of her marriage certificates to the conveyancing practitioner but she is concerned it could hold up the sale of the house. Is it worth updating the Land Registry details for the property?
It is not absolutely necessary to update the register as long as you have the evidence required to demonstrate how the name change resulted.
The buyer’s conveyancing practitioner should check the land registry entries and ask for evidence to establish the change of name for instance marriage documentation.