Is the fact that my conveyancer in Paulton is not identified 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 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) 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 simply call the Paulton conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
I decided to have a survey completed on a property in Paulton before appointing conveyancers. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies may refuse to give a mortgage on such a home.
It varies from the lender to lender. Bank of Scotland has different requirements from Halifax. Should you wish to telephone us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Paulton. Conveyancing will be smoother if you use a solicitor in Paulton especially if they are acquainted with such properties in Paulton.
My business partner and I are intending to lease a unit on a shopping parade. Can you recommend solicitors offering competitive fees for non-domestic conveyancing in Paulton for below £1,200?
We can recommend firms who host a wealth of experience of commercial conveyancing in Paulton, including the disposal and purchase of businesses as well as simply premises. If you are intending to purchase or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will find you the right lawyer. As for the costs this will depend on the structure and complexity of the proposed transaction. Please provide us with your details or email so as to enable us to provide you with comprehensive commercial conveyancing quote.
I need to instruct a conveyancing solicitor in Paulton for my house move. Is it possible to see a firm’s record with the profession’s regulator?
Anyone may read published Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The regulator could monitor telephone calls for training purposes.
Do you have any advice for leasehold conveyancing in Paulton with the intention of speeding up the sale process?
- A significant proportion of the delay in leasehold conveyancing in Paulton can be bypassed if you get in touch lawyers as soon as you market your property and request that they start to collate the leasehold documentation which will be required by the purchasers’ conveyancers. You may think that you are aware of the number of years remaining on your lease but it would be advisable double-check by asking your conveyancers. A buyer’s lawyer will not be happy to advise their client to where the lease term is under 80 years. It is therefore essential at an early stage that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. If you have the benefit of shareholding in the freehold, you should ensure that you hold the original share certificate. Arranging a re-issued share certificate can be a time consuming formality and frustrates many a Paulton home move. Where a new share is required, do contact the company officers or managing agents (where relevant) for this as soon as possible. If you have carried out any alterations to the premises would they have required Landlord’s approval? Have you, for example laid down wooden flooring? Paulton leases often stipulate that internal structural changes or installing wooden flooring calls for a licence from the Landlord approving such alterations. Where you dont have the approvals to hand do not contact the landlord without contacting your conveyancer in advance. If there is a history of conflict with your freeholder or managing agents it is essential that these are settled prior to the flat being put on the market. The buyers and their solicitors will be reluctant to purchase a flat where there is an ongoing dispute. You may need to swallow your pride and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the purchasers, but it is better to present the dispute as historic as opposed to unsettled.
Paulton Leasehold Conveyancing - A selection of Questions you should ask Prior to buying
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How many years remain on the lease? The answer will be important as a) areas could result in problems in the building as the common areas may begin to deteriorate where repairs are not paid for b) if the leaseholders have an issue with the running of the building you will need to know about it Best to be warned whether window replacement or some other significant cost is anticipated that will be shared by the tenants and could well dramatically impact the level of the maintenance charges or result in a one off invoice.
My lawyers in Paulton have advised me that they can not locate my conveyancing file. To assist with my purchase I took out a mortgage with the mortgage company. Is it case that being on the mortgage company conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the mortgage company Conveyancing Panel Terms. It might be worth you contacting the mortgage company directly.