Is the fact that my conveyancer in Wheatley is not on my bank's conveyancing panel that there is a problem with the standard of her work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator revealed 76% 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 simply call the Wheatley conveyancing practice and enquire why they are no longer on the approved list for your lender.
After looking at consumer advice sites for a conveyancing lawyer in Wheatley, most post that I should look for a CQS kitemarked solicitor. Can you explain what CQS is?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to best practice conveyancing procedures via the scheme protocol It covers many companies who handle conveyancing in Wheatley.
We are selling our property in Wheatley and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A local lawyer would know that there is no such problem. It does beg the question why the purchasers used an internet conveyancing practice rather than a conveyancing solicitor in Wheatley. Having lived in Wheatley for three years we know of no issue. Is it a good idea to contact our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
About to purchase a new build apartment in Wheatley. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Wheatley
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are surveyor prepared. Please supply a car parking plan. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
I am looking into buying my first house which is in Wheatley and I am already nervous. I couldn't find anything specific about Wheatley. Conveyancing will be needed in due course but do you know about the Wheatley area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Wheatley. In the meantime here are some basic statistics that we found
I am on look out for some leasehold conveyancing in Wheatley. Before I get started I would like to find out the remaining lease term.
If the lease is recorded at the land registry - and almost all are in Wheatley - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Wheatley Leasehold Conveyancing - Examples of Queries before buying
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Are any of leasehold owners in arrears of their service charge liability? If a Wheatley lease has less than eighty years it will affect the salability of the flat. It is worth checking with your bank that they are willing to go ahead with the loan given the lease term. A short lease means that you will almost definitely require a lease extension at some point and you need to have some idea of how much this would cost. Remember, in most cases you would need to own the residence for two years in order to be eligible to exercise a lease extension.