Am I correct in assuming that the fact that my solicitor in Blaenau Gwent is not on my lender's conveyancing panel that there is a problem with the quality of her conveyancing?
That would most likely be an incorrect assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator revealed 76% 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 Blaenau Gwent conveyancing practice and enquire why they are no longer on the approved list for your lender.
We are about to exchange buying a property in Blaenau Gwent but as a consequence of wreckage from some water damage at the property I have was able negotiate recompense from the vendor of six thousand pounds by way of a adjustment in the price. This was going to be addressed as part of a side agreement but Nottingham are not allowing this. Why were they involved?
The conveyancing practitioner that is on the Nottingham approved list is obliged to advise Nottingham of any amendments to the sale price. If you were to refuse your lawyer to disclose the reduction to Nottingham then they would have to discontinue acting for you. In addition, Nottingham and you would have to appoint a new conveyancer for your conveyancing in Blaenau Gwent.
Finally the sale completed on my house in Blaenau Gwent last March yet the purchaser is e-mailing daily to say his conveyancer is waiting to hear from mine. What should have happened now that I have sold?
After completion of your disposal your lawyer is committed to send the transfer deeds and all of the paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer must also evidence that the mortgage has been redeemed to the purchasers lawyers. There is unlikely to be post completion tasks unique to conveyancing in Blaenau Gwent.
It has been 2 months following my purchase conveyancing in Blaenau Gwent took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. 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've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a straight forward, chain free conveyancing. Blaenau Gwent is where the house is located. Is there any guidance you can impart?
Flying freeholds in Blaenau Gwent are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Blaenau Gwent you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Blaenau Gwent may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I need to instruct a conveyancing lawyer in Blaenau Gwent for my home move. Is it possible to see a solicitor's record with the profession’s regulator?
One may find presented Solicitor Regulator Association (SRA) decisions stemming from investigations started on or after Jan 2008. Visit Check a solicitor's record. To find details about the period before 1 January 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The SRA sometimes monitor call for training requirements.