is it true that all Bournemouth solicitors on the Barclays conveyancing panel are governed by the SRA?
As a firm of solicitors, in order to be on the Barclays conveyancing panel they would need to be regulated by the SRA. Some lenders do permit licenced conveyancers on their panel in which case such firms would be regulated by the CLC.
Last month we had a mortgage agreed in principle with Virgin Money. Bournemouth conveyancing practitioners were selected. What is the average time that one could expect to receive a mortgage offer from Virgin Money?
There is no definitive answer here. Have Virgin Money done the survey? Have you advised Virgin Money as to your lawyers' details and checked that your lawyers are on the Virgin Money conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am selling my apartment. I had a double glazing fitted in April 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Nationwide are being problematic. The Bournemouth solicitor who is on the Nationwide conveyancing panel is saying indemnity insurance will be fine but Nationwide are insisting on a building regulation certificate. Why do Nationwide have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nationwide have referred the matter to their valuer. The reason why Nationwide may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I used Wolstenholmes several years ago for my conveyancing in Bournemouth. Now, I need my documents however the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bournemouth of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am looking for a flat up to £235,500 and identified one close by in Bournemouth I like with open areas and station in the vicinity, however it's only got 52 years on the lease. There is not much else in Bournemouth for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a home loan the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
I was pointed in your direction by numerous estate agents in Bournemouth to choose a property lawyer using your seach tool. Is there a financial inducement for Estate Agents to market your lawyers over another?
We refuse to make any financial incentive for pointing buyers and sellers to this site. We found it would be just too difficult to pay a commission as home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
My husband and I are first time buyers - had an offer accepted, yet the estate agent has warned us that the vendor will only proceed if we appoint the agent's chosen solicitors as they want an ‘expedited deal’. We would rather use a family solicitor who is accustomed to conveyancing in Bournemouth
It is improbable the vendors are driving this. Should the seller desire ‘a quick sale', turning down a genuine purchaser is not the way to achieve this. Speak to the owners direct and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you have nothing to sell (d) you intend to proceed fast (e)but you intend to appoint your own,trusted Bournemouth conveyancing firm - as opposed tothe ones that will give the negotiator at the agency a referral fee or achieve conveyancing figures pre-set by corporate headquarters.
Me and my husband have just had a bid accepted on our first house in Bournemouth, and are now looking to get solicitors appointed. I have made use of the various rating tools and the quotes are from all over the country. Is it essential to have a Bournemouth property lawyer local to the potential new home? I am content to do everything over the internet, but I assume at some stage we may need to physically go into the conveyancing practitioner's office to sign contracts?
The conveyancer does not need to be in Bournemouth, but choosing local means that you have the option to attend their offices if you need to, by way of example, if a signature is immediately necessary. Furthermore, a Bournemouth solicitor is likely to be familiar with local agents and (if the vendor has chosen a local solicitor) with them, which will help smooth the process.