Is the fact that my conveyancer in Queenborough is not on my mortgage company's conveyancing panel that there is a problem with the standard of the firm’s work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly plausible explanations. Just recently a report by the solicitors regulator revealed 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 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 Queenborough conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
We were just about to exchange contracts for a ground floor flat in Queenborough. We encountered a problem. Our mortgage offer with Aldermore runs out on 24/3/2026 but the owners are suggesting a completion date of 26/3/2026. Is it possible to extend the mortgage offer?
The best person to deal with your concern is your lawyer who will calculate whether they corresponding with the mortgage company, owner’s lawyers, estate agents or indeed all parties given what has happend in your transaction as of today.
We're in Queenborough, First time buyers purchasing with a mortgage (lender is Nationwide , and our solicitor is on the Nationwide conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nationwide conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer 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.
What does a local search tell me regarding the house we're purchasing in Queenborough?
Queenborough conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search organisations for instance PSG The local search plays a central part in many a Queenborough conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search should reveal data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
I purchased my flat on 16 July and the transaction details is not yet on the land registry website. Should I be concerned? My conveyancing solicitor in Queenborough advises it should be formalised inside ten days. Are transfers in Queenborough uniquely lengthy to register?
There is nothing unique when it comes to conveyancing in Queenborough registration formalities. Rather than based on location, timeframes can adjust depending on who lodges the application, whether there are errors and whether the Land registry communicate with any other parties. Currently roughly three quarters of submission are completed in less than three weeks but occasionally there can be protracted delays. Historically registration takes place after the new owner is living at the premises thus an expedited registration is not always primary concern yet where it is urgent that the the registration takes place urgently then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.
I opted to have a survey done on a house in Queenborough in advance of appointing conveyancers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some lenders tend not grant a mortgage on such a house.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. If you call us we can check with 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 Queenborough. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Queenborough to see if the conveyancing will be more expensive.