Is the fact that my solicitor in Finchampstead is not listed on my lender's solicitor panel that there is a problem with the quality of her work?
That is most likely an incorrect assumption to make. There are plenty of reasonable 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) 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 contact the Finchampstead conveyancing firm and enquire why they are no longer on the approved list for your mortgage company.
My partner and I are approaching an exchange on a house in Finchampstead and my mum and dad have transferred the exchange deposit to my conveyancing practitioner. I am now told that as the deposit has not come from me my conveyancing practitioner needs to disclose this to my bank. I am advised that, in also acting for the bank he must advise them that the balance of the purchase price is not just from me. I advised the mortgage company regarding my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
The lawyer is obliged to check with lender to ensure that they are aware that the balance of the purchase price is not from your own funds. Your solicitor can only reveal this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
My partner and I are intent on selling our home in Finchampstead and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any local conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed an internet conveyancing firm rather than a conveyancing solicitor in Finchampstead. Having lived in Finchampstead for 5 years we know that this is a non issue. Do we contact our local Authority to seek clarification need.
It sounds as though you may have a conveyancing solicitor already. What do they say? You need to 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)
The deeds to our property are lost. The lawyers who handled the conveyancing in Finchampstead 5 years ago have long since closed. What are my next steps?
Nowadays there are duplicates made of almost everything, and your conveyancer will know exactly where to locate all the appropriate documentation so you may buy or sell your house without a hitch. If copies can’t be found, your lawyer can arrange cover in the form of insurance or indemnities against future claims on the property.
I have been on the look out for a flat up to £245,000 and found one near me in Finchampstead I like with a park and station nearby, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Finchampstead suitable, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage the remaining unexpired lease term will be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
Is it possible to swap conveyancer as I have to retain a firm on the Clydesdale conveyancing panel. I instructed a local conveyancing solicitor in Finchampstead five minutes from me but she is not accepted by Clydesdale
It would be our pleasure to help you select a conveyancing solicitor in Finchampstead on the Clydesdale panel. Please note that the law firms that we work with do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Finchampstead. In making use of the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Finchampstead.