Is the fact that my solicitor in Prudhoe is not on my lender's solicitor panel that there is a problem with the standard of her conveyancing?
That is most likely an incorrect assumption to make. There are plenty of reasonable explanations. Just recently a 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) 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. Should you be concerned you should contact the Prudhoe conveyancing practice and enquire why they are no longer on the approved list for your bank.
We were just about to exchange contracts for a property in Prudhoe. We encountered a stumbling block. Our mortgage offer with Britannia expires on 12/10/2026 but the vendors are insisting on a completion date of 14/10/2026. Can one prolong the mortgage offer?
The person best placed to address this issue is your solicitors who should determine if he or she is better off negotiating with the bank, seller’s conveyancers, property agents or possibly all parties based on the history of your transaction as of today.
Various online forums that I have come across warn that are a common reason for stalling in Prudhoe house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not feature within the most frequent causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any delay in conveyancing in Prudhoe.
2 months have gone by since my purchase conveyancing in Prudhoe completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. 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.
I decided to have a survey completed on a property in Prudhoe ahead of appointing solicitors. I have been informed that there is a flying freehold element to the house. My surveyor advised that some banks will not grant a loan on such a premises.
It varies from the lender to lender. HSBC has different requirements from Halifax. If you contact us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Prudhoe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Prudhoe to see if the conveyancing will be more expensive.
As co-executor for the will of my grandfather I am disposing of a house in Cardiff but live in Prudhoe. My conveyancer (based 260 kilometers from meneeds me to execute a statutory declaration ahead of completion. Could you suggest a conveyancing lawyer in Prudhoe to attest this legal document for me?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are located in Prudhoe