Is the fact that my conveyancer in Godstone is not on my lender's solicitor panel that there is a problem with the quality of his work?
That is more than likely a wrong 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 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 Godstone conveyancing firm and ask them why they are no longer on the approved list for your bank.
three months have gone by following my purchase conveyancing in Godstone completed. I have checked the Land Registry site which shows that I paid £175,000 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 premises 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.
Due to the guidance of my in-laws I had a survey completed on a property in Godstone prior to retaining conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some banks may not give a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. Should you wish to telephone us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Godstone. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm refinancing my current property to a BTL mortgage with Britannia and I will use the ballance of the raised equity as a down payment on a second property. The location we are talking about is Godstone. Will your lawyers be able to act for the two banks and link together the conveyances?
Make use of our search tool on this page to check that the lawyers are on the relevant lender panels. Having checked that they are the solicitor will be able to tie up the two transactions but you should talk with you solicitor and communicate your expectations and requirements.
We are 3 weeks into a residential purchase having been recommend to solicitors by the selling agent to execute conveyancing in Godstone. I am am extremely dissatisfied with the quality of service. Can you help me find new lawyers?
A conveyancer would have to be very bad in order to consider replacing them. Has the mortgage been sent? If so you will need to advise them of the new lawyer and have the loan are issued to the new lawyers. The conveyancer needs to be on the lenders panel to avoid supplemental expenses and complications. So that should be your first question of the new solicitors. Our search tool should help you find a bank approved solicitor for your home move in Godstone
I'm purchasing a house in Godstone. I can find my conveyancer's company on the Law Society's list, but I can't locate my lawyer's name as listed on the regulator's website. Should I be concerned?
Not every individual in the practice must be listed by the regulator. Provided there is someone qualified to 'oversee' the conveyancing, the actual day-to-day activity can be undertaken by unqualified staff.