Am I correct in assuming that the fact that my solicitor in West Molesey is not on my bank's solicitor panel that there is a problem with the quality of the firm’s work?
It would not be wise to jump to that conclusion. 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 lawyer 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 West Molesey conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
In the event thatI was to purchase a simple residential propertyin West Molesey mortgage fee and have no survey and no local authority searches how much should I expect to to save on my conveyancing in West Molesey?
Any savings you would make will be isolated to the West Molesey conveyancing searches. Your conveyancer is obliged to do the vast majority of work - money laundering, correspond with your vendors conveyancer, SDLT return, register the title etc. A marginal saving might be made by not having to register a mortgage however it won't be meaningful.
I am the registered owner of a freehold house in West Molesey but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in West Molesey and has limited impact for conveyancing in West Molesey but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
Do I have to pop into the offices of the solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in West Molesey so that I can pop in to their offices when needed.
Most approved lawyers for banks undertake all of the communications through Royal Mail, e-mail or over the phone. This means that they can undertake the conveyancing transaction no matter where you live in England or Wales. Nevertheless you can see if you can still book an appointment to visit conveyancing lawyer if just in case this is required.
How do I locate a West Molesey law firm on the Platform Home Loans Ltd conveyancing panel? I have a car and am prepared to travel upto 10miles to meet the conveyancer.
Feel free to make use of the facility on this page. Please choose the bank and your location and you will see a number of West Molesey conveyancing lawyers based on proximity. We have listed some West Molesey conveyancing firms at the bottom of this page and you can ring them to see whether they are on the Platform Home Loans Ltd member panel
I am thinking of appointing a conveyancing practitioner in West Molesey for my house move. Is there any facility to check a solicitor's record with the profession’s regulator?
One can search for documented Solicitor Regulator Association (SRA) determinations stemming from investigations from 2008 onwards. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's record, phone 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 SRA could recorded call for training reasons.