My husband and I are hoping to acquire a house in Staindrop and have appointed a Staindrop conveyancing practice. Within the last couple of days our conveyancer has sent a preliminary report and documents to look through with a view to exchanging next week. Platform Home Loans Ltd have this afternoon contacted us to inform me that they have now hit a problem as our Staindrop lawyer is not on their conveyancing panel. Please explain?
If you are buying a property needing a mortgage it is usual for the purchasers' solicitors to also act for the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your solicitor should contact your bank and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own lawyers to represent them. You are not legally obliged to appoint a law firm on the lender’s conveyancing panel as you are at liberty to use your preferred Staindrop lawyers, in which case your legal fees may increase, and it may delay matters as you are adding another lawyer into the mix.
I got the keys to my flat on 13 April and my personal details are still not registered. Need I be worried? My conveyancing solicitor in Staindrop advises it would be formalised in a couple of weeks. Are titles in Staindrop particularly slow to register?
There is nothing unique about conveyancing in Staindrop registration formalities. Rather than based on location, timeframes can adjust subject to who lodges the application, whether there are errors and if the Land registry need to notify any other parties. Currently approximately 80% of such applications are fully addressed within 12 days but some can be subject to extensive delays. Registration takes place after the purchaser is living at the property therefore 'speed' is not always primary concern yet where it is urgent that the the registration takes place urgently then you or your conveyancer must speak with the land registry and explain the circumstances.
I opted to have a survey done on a house in Staindrop in advance of appointing lawyers. I have been informed that there is a flying freehold overhang to the house. Our surveyor advised that some banks will not issue a loan on such a home.
It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. If you e-mail 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 used to dealing with flying freeholds in Staindrop. Conveyancing will be smoother if you use a solicitor in Staindrop especially if they are familiar with such properties in Staindrop.
Taking into account that I am about to part with hundreds of thousands of pounds on a garden flat in Staindrop I would like to have a conversation with the solicitor regarding thehome move before giving the go ahead to the firm. Is this something that you can arrange?
This is something that we recommend - we would be happy to talk to you we do not take any clients on without you speaking to the lawyer who will be doing your conveyancing in Staindrop.There is no ‘factory style conveyancing’ - each client is unique individual, not a case number. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Staindrop should be the figure that you are charged.
I am thinking of appointing a conveyancing practitioner in Staindrop for my house move. Can I see a solicitor's complaints history with the legal regulator?
One can see presented Solicitor Regulator Association (SRA) determinations arising from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. For information Pre 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training purposes.
I have just placed an offer on an apartment in Staindrop and the estate agent that we are dealing with suggested his lawyer. They quoted £800 plus VAT and 3rd party costs. Does this sound steep?
Don't just go on 1 quote. You should obtain like-for-like quotes for your conveyancing in Staindrop. Then choose one that you trust and crucially, is on the approved panel of the mortgage company that you have applied for a mortgage from.