Is the fact that my solicitor in Clerkenwell is not on my lender's solicitor panel that there is a problem with the quality of her 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 revealed that over three quarters 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 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 Clerkenwell conveyancing firm and ask them why they are no longer on the approved list for your bank.
The owners have rather assertive sellers who has insisted on a preliminary contract with a non-refundable deposit 10k. Are such contracts recommended for Clerkenwell conveyancing transactions?
Lock out agreements are agreements between a property vendor and prospective acquirer granting the buyer exclusive rights to the sale of the premises for a certain period of time. For all intents and purposes, an exclusivity agreement is a contract stating that you should be issued with a contract at a later date which is the main conveyancing contract. It is generally used for buyer assurance though in some cases, the seller may enjoy an upside from such agreements as well. There are numerous pros and cons to using them but you should to check with your conveyancer but note that it may end up costing you extra in conveyancing fees. For these reasons these agreements are rare in relation to conveyancing in Clerkenwell.
I have been told that property searches are the primary cause of stalling in Clerkenwell house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released findings of a review by MoveWithUs that conveyancing searches do not feature within the top 10 causes of delays during the legal transfer of property. Searches are unlikely to feature in any holding up conveyancing in Clerkenwell.
Are there any apps to assist me to identify a Clerkenwell solicitor on the Barclays Direct conveyancing panel? I have wheels and am happy to travel upto 10miles to meet the solicitor.
Feel free to make use of the search on this page. Please choose the lender and your location and you will see a number of Clerkenwell conveyancing lawyers locally. We have listed some Clerkenwell conveyancing firms towards the end of this page and you can telephone them to see whether they are on the Barclays Direct approved list
I am thinking of appointing a conveyancing practitioner in Clerkenwell for my home move. Is it possible to see a solicitor's complaints history with the profession’s regulator?
Anyone may read presented Solicitor Regulator Association (SRA) determinations resulting from inquisitions from 2008 onwards. Visit Check a solicitor's record. For details about the period before 1 January 2008, or to check a solicitors record, telephone 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 regulator sometimes recorded telephone calls for training reasons.
What is the distinction between surveying and conveyancing in Clerkenwell?
Conveyancing - in Clerkenwell or elsewhere - is the process of legally transferring legal title of property from one person to another. It therefore includes the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you’re intending to buy and will help you find out about the condition of the building and, if there are problems, give you leverage for reducing the price down or asking the seller to remedy the problems before you move in.