My financial adviser has requested my Banstead lawyer’ panel reference for the HSBC conveyancing panel. What is the best way to obtain this. I have tried my local Banstead branch but they don't know it.
The sensible thing to do is ask for this information from your Banstead conveyancer . They should have a central record lender panel numbers.
Is there a reason why leasehold purchase conveyancing in Banstead costs more?
Banstead leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
Various web forums that I have visited warn that are the number one reason for hinderance in Banstead house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of hindrances in the conveyancing process. Searches are not likely to be the root cause of slowing down conveyancing in Banstead.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Banstead is the location of the property. Can you shed any light on this issue?
Flying freeholds in Banstead are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Banstead you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Banstead may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My husband and I are FTB’s - agreed a price, but the selling agent advised that the seller will only move forward if we use their preferred solicitors as they want an ‘expedited deal’. My instinct tells me that we should use a local conveyancer accustomed to conveyancing in Banstead
We suspect that the seller is unaware of this request. If they desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is going to damage their objectives. Speak to the owners direct and make the point that (a)you are motivated purchasers (b)you are ready to progress, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you intend to use your preferred Banstead conveyancing firm - as opposed tothose that will earn the negotiator at the agency a kickback or hit his conveyancing figures set by HQ.
What are my options where I am unhappy with the solicitor who did our conveyancing in Banstead?
We live in an imperfect world, and is is a fact of life that sometimes things do go wrong. Nevertheless there is recourse where you were not happy with your conveyancing in Banstead. This varies from trying to resolve matters directly with them, through to reporting a property lawyer to their governing body. If you remain dissatisfied you may consider getting in touch with the Legal Ombudsman.