Am I correct in assuming that the fact that my solicitor in Roundhay is not listed on my mortgage company's conveyancing panel that there is a problem with the quality of the firm’s work?
That would most likely be an incorrect assumption to make. There are all sorts of perfectly plausible explanations. Just recently a 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. Should you be concerned you should simply call the Roundhay conveyancing firm and ask them why they are no longer on the approved list for your lender.
I had intended to instruct a property lawyer in Roundhay for our home move. Our broker informed us that our mortgage lenders Nottingham Building Society won't deal with them. Surely this is unfair competition?
A lender will direct that an approved solicitor act for it. Borrowers are expected to meet the cost of this. Try using our search facility to choose a solicitor to conduct conveyancing in Roundhay on the Nottingham Building Society conveyancing panel.
Despite weeks of looking the Title Certificate and documents to my home can not be found. The conveyancers who handled the conveyancing in Roundhay 4 years ago no longer exist. Will I be able to sell the house?
Gone are the days when you need to hold title original deeds to establish that you are the owner of your registered land or premises, given that the Land Registry have everything they need in a digital format.
How does conveyancing in Roundhay differ for newly converted properties?
Most buyers of new build residence in Roundhay approach us having been asked by the seller to sign contracts and commit to the purchase even before the premises is constructed. This is because new home sellers in Roundhay usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Roundhay or who has acted in the same development.
I opted to have a survey completed on a property in Roundhay in advance of instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor has said that some lenders will not grant a mortgage on such a house.
It depends who your proposed lender is. HSBC has different instructions from Halifax. Should you wish to call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Roundhay. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Roundhay to see if the conveyancing will be more expensive.
I am seeking to acquire a repression flat in Roundhay and the vendor would like to complete inside 28 days. Can a solicitor meet that timeframe? Am I best advised to use a high street Roundhay firm or an online company that professes to offer speedy conveyancing?
Visit your Roundhay shopping parade. Go in to a couple of firms and ask to see a conveyancing solicitor for a quote. Explain your needs and try and obtain assurances on deadlines. Choose the firm that comes across as most efficient. Make sure to choose a solicitor on the list of conveyancers acceptable to your bank.