Am I correct in assuming that the fact that my conveyancer in Burgess Hill is not on my lender's solicitor panel that there is a problem with the standard of the firm’s conveyancing?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a 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) 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 simply call the Burgess Hill conveyancing practice and ask them why they are no longer on the approved list for your bank.
We are soon to exchange on the purchase of a house in Burgess Hill but as a result of damage from a small fire at the property I have managed to agree reparation from the owner in the sum of £2k by way of a deduction in the price. I had intended this to be addressed as part of a side agreement but Bank of Ireland are not allowing this. Should they have been involved?
Any conveyancing practitioner being on a Bank of Ireland conveyancing panel is obliged to inform Bank of Ireland of any amendments to the purchase price. If you were to refuse your conveyancing practitioner to disclose the price change to Bank of Ireland then they would have to discontinue acting for you. In addition, Bank of Ireland and you would have to appoint a new conveyancer for your conveyancing in Burgess Hill.
Completed the sale of my flat in Burgess Hill last August yet the purchaser is texting every few hours to moan that her conveyancer needs to hear from myconveyancer. What should have happened now that I have sold?
Following your sale your lawyer is committed to deliver the transfer documentation and all supplemental paperwork to the buyer’s lawyers. Where appropriate, your solicitor should also confirm that the home loan has been redeemed to the purchasers conveyancers. There is unlikely to be post completion procedures unique to conveyancing in Burgess Hill.
I have been told that property searches are the main reason for hinderance in Burgess Hill conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays during the legal transfer of property. Local searches are unlikely to feature in any delay in conveyancing in Burgess Hill.
The estate agent has sent us the confirmation of our purchase of a new build flat in Burgess Hill. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Burgess Hill
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. 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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I have chosen a Burgess Hill conveyancing solicitor for our home move (first time buyers) and have picked up in the engagement letter that they are not overseen by the Financial Conduct Authority. Should I be worried or is that the norm with property lawyer?
We can't see why they should be. Most lawyer don't lend money. They will be regulated by the Solicitors Regulation Authority, who have specific stipulations regulating amounts sitting on client account.