Is the fact that my solicitor in Holmes Chapel is not on my mortgage company's conveyancing panel that there is a problem with the quality of the firm’s conveyancing?
That is most likely an incorrect assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator indicated 76% 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. If you are concerned you should simply call the Holmes Chapel conveyancing practice and enquire why they are no longer on the approved list for your lender.
We're in Holmes Chapel, FTBs purchasing with a mortgage (lender is Skipton , and our lawyer is on the Skipton conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Skipton conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Due to the input of my in-laws I had a survey completed on a house in Holmes Chapel before retaining lawyers. I have been informed that there is a flying freehold aspect to the property. The surveyor advised that some banks may refuse to issue a loan on a flying freehold home.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Holmes Chapel. Conveyancing may be slightly more expensive based on your lender's requirements.
I have been recommended by numerous estate agents in Holmes Chapel to find a conveyancer using your seach tool. What’s the financial incentive for Estate Agents to market your site ahead of another?
We refuse to offer any referral fee for pointing buyers and sellers in our direction. We found it would be just too difficult to pay a commission as a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
My husband and I are a fortnight into a freehold purchase having been referred to conveyancers by the selling agent to perform conveyancing in Holmes Chapel. I am am extremely disappointed with the level of service. Could you help me find new conveyancers?
A lawyer would need to be very poor in order to consider replacing them. Has your mortgage offer been issued? In the event that it has you need to make them aware of the new lawyer and get the offer are re-issued. Your new solicitor ideally should be on the lenders panel to avoid supplemental costs and delays. So that should be your first question of the new conveyancers. The find a solicitor tool should help you find a lender approved conveyancer for your home move in Holmes Chapel
My wife and I purchased a leasehold house in Holmes Chapel. Conveyancing and Bank of Scotland mortgage are in place. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1995. The conveyancing practitioner in Holmes Chapel who acted for me is not around. Any advice?
First contact HMLR to make sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. You do not need to incur the fees of a Holmes Chapel conveyancing lawyer to do this as you can do this on the Land Registry website for £3. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Holmes Chapel Conveyancing for Leasehold Flats - Examples of Queries Prior to Purchasing
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Is there a share of the freehold? What restrictions are there in the Holmes Chapel Lease? On the whole the outlay for major works are not wrapped into the maintenance charges, although some managing agents in Holmes Chapel ask leasehold owners to pay into a sinking fund and this is used to offset against major works.