Is the fact that my solicitor in Somerton is not identified on my lender's conveyancing panel that there is a problem with the standard of the firm’s work?
That would more than likely be an incorrect assumption to make. There are plenty of 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. Should you be concerned you should simply call the Somerton conveyancing practice and ask them why they are no longer on the approved list for your lender.
It is 10 years ago since I purchased my house in Somerton. Conveyancing solicitors have recently been instructed on the sale but I can't locate the title documents. Will this cause complications?
Don’t worry too much. Firstly there is a possibility that the deeds will be kept by the lender or they may be in the possession of the solicitor who acted in the purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Nearly all conveyancing in Somerton relates to registered property but in the rare situation where your home is not registered it adds to the complexity but is resolvable.
I require quick conveyancing in Somerton as I am under pressure to complete within 2 weeks. A home loan is not required. Is it possible to avoid the conveyancing searches to save fees and time?
If.Given you are not getting a home loan you are at free not to do searches although no solicitor would suggest that you don't. Drawing on years of experience of conveyancing in Somerton the following are examples of issues that can appear and adversely affect future mortgageability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Road Schemes,...
I used Wolstenholmes a few years past for my conveyancing in Somerton. I now require my file but cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Somerton of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am looking for a ground for flat up to £235,500 and identified one close by in Somerton I like with amenity areas and transport links nearby, however it's only got 61 remaining years left on the lease. I can't really find anything else in Somerton suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage the shortness of the lease may be an issue. Reduce the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
I need to appoint a conveyancing solicitor for leasehold conveyancing in Somerton. I have chance upon a web site which appears to be the ideal answer If it is possible to get all formalities completed via phone that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?