Is the fact that my solicitor in Highcliffe is not on my lender's solicitor panel that there is a problem with the quality of the firm’s work?
That would more than likely be a wrong assumption to make. There are plenty of 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 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. If you are concerned you should contact the Highcliffe conveyancing practice and ask them why they are no longer on the approved list for your lender.
AssumingI was to buy a straightforward homein Highcliffe for cash and have no survey and no conveyancing searches how much should I expect to have to pay for conveyancing in Highcliffe?
Any savings you would make will be limited to the costs for searches. A property lawyer still be obliged to do everything else - money laundering, communicating with the vendors solicitor, stamp duty return, register the title etc. You might save a bit for them not needing to register a charge but it will not be significant.
I have been referred to a conveyancing solicitor in Highcliffe. I I am struggling to find out whether they are on the HSBC Bank approved list of lawyers. Could you advise?
You should e-mail your solicitor and enquire if they are on the lender panel. Alternatively please call HSBC Bank who may be able to assist.
I have been told that property searches are a common reason for hinderance in Highcliffe house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure within the common causes of hindrances during the legal transfer of property. Local searches are unlikely to be the root cause of slowing down conveyancing in Highcliffe.
I've recently found out that there is a flying freehold issue on a house I have offered on two weeks back in what should have been a straight forward, chain free conveyancing. Highcliffe is where the house is located. Can you shed any light on this issue?
Flying freeholds in Highcliffe are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Highcliffe you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Highcliffe may decide 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 premises.
My brother has urged me to appoint his conveyancers in Highcliffe. Should I find my own property lawyer?
There are no two ways about it it’s preferable to choose a conveyancing practitioner is to seek feedback from friends or relatives who have previously instructed the solicitor you're contemplating using.