Am I correct in assuming that the fact that my solicitor in Booker is not listed on my bank's conveyancing panel that there is a problem with the standard of the firm’s work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly plausible explanations. Just recently a 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) lack 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. Where you are concerned you should simply call the Booker conveyancing firm and enquire why they are no longer on the approved list for your bank.
I am planning to acquire a house and require a conveyancing solicitor in Booker who is on the Leeds Building Society approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Leeds Building Society in certain locations such as Booker. We dont recommend any particular firm.
It has been 2 months since my purchase conveyancing in Booker completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am selling my property. My former solicitors have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Booker if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Booker. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Do you have any top tips for leasehold conveyancing in Booker from the perspective of saving time on the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Booker can be avoided where you instruct lawyers the minute your agents start marketing the property and ask them to put together the leasehold information which will be required by the purchasers’ lawyers. You believe that you know the number of years remaining on your lease but it would be advisable double-check by asking your solicitors. A purchaser's lawyer will be unlikely to recommend their client to proceed with the purchase of a leasehold property the remaining number of years is less than 80 years. It is therefore important at an early stage that you consider whether the lease term requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale. If you have carried out any alterations to the property would they have required Landlord’s permission? Have you, for example installed wooden flooring? Booker leases often stipulate that internal structural changes or installing wooden flooring necessitate a licence issued by the Landlord consenting to such changes. Should you fail to have the approvals in place you should not contact the landlord without checking with your conveyancer first. If there is a history of conflict with your freeholder or managing agents it is essential that these are settled prior to the flat being marketed. The buyers and their solicitors will be nervous about purchasing a flat where there is an ongoing dispute. You may have to bite the bullet and pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the buyers, but it is clearly preferable to reveal the dispute as historic as opposed to unresolved. If you have the benefit of shareholding in the Management Company, you should ensure that you are holding the original share document. Arranging a duplicate share certificate is often a time consuming process and slows down many a Booker home move. If a reissued share is necessary, you should approach the company director and secretary or managing agents (if relevant) for this sooner rather than later.
Booker Leasehold Conveyancing - Sample of Questions you should consider Prior to Purchasing
It would be prudent to investigate if the the lease contains any onerous restrictions in the lease. By way of example it is fairly common in Booker leases that pets are not permitted in in a block in Booker. If you love the apartmentin Booker but your dog can’t make the move with you then you will be presented with a hard determination. Plenty Booker leasehold flats will incur a service bill for the upkeep of the block levied by the freeholder. If you purchase the flat you will have to pay this amount, usually quarterly accross the year. This may differ from two or three hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a rentcharge for you to pay yearly, ordinarily this is not a large sum, say about £50-£100 but you should to check it because sometimes it can be surprisingly expensive. Is anyone aware of any major works anticipated that will add a premium to the service fees?
Our mortgage broker has suggested using their conveyancer for my conveyancing in Booker - Surely it’s advisable to just instruct them?
It is not always the case and you are entitled to instruct whichever solicitor you prefer for your Booker home move. The solicitor recommended by a 3rd party adviser may not necessarily be the best solicitor, they may suggest their own conveyancing firm who are based remotely. In this instance you may not have contact with your conveyancing practitioner and due to the lack of continuity in the transaction, it may be difficult to obtain updates.