Is the fact that my solicitor in Earls Court is not on my bank's solicitor panel that there is a problem with the standard of her conveyancing?
It would be unwise to jump to that conclusion. There are plenty of plausible explanations. A recent report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack 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 Earls Court conveyancing practice and ask them why they are no longer on the approved list for your mortgage company.
Should commercial conveyancing searches disclose planned roadworks that may impact a commercial estate in Earls Court?
Many commercial conveyancing solicitors in Earls Court will perform a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Earls Court. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Earls Court.
For each commercial conveyancing transaction in Earls Court it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to Earls Court commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not ordered for residential conveyancing in Earls Court.
I moved into my flat on 4 June and the transaction details is not yet registered. Should I be concerned? My conveyancing solicitor in Earls Court advises it would be concluded inside ten days. Are properties in Earls Court uniquely lengthy to register?
There is nothing unique about conveyancing in Earls Court registration formalities. As opposed to being determined by geographic area, timescales can differ according to the party submitting the application, whether it is in order and whether the Land registry have to notify any 3rd parties. At present in the region of 80% of such applications are completed in less than three weeks but occasionally there can be longer hold-ups. Historically registration takes place once the buyer is living at the premises thus registration formalities is not usually an essential issue yet where there is a degree of urgency associated with the registration then you or your solicitor could communicate with the Registry to express the reasoning for the application to be prioritised.
I have been pointed in your direction by numerous selling agents in Earls Court to choose a property lawyer on your site. What’s the financial advantage for Estate Agents to offer your services over and above alternative conveyancing organisations?
We don’t give any commission for sending work in our direction. We thought it would be too underhand a fee because members of the public would think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
I am using a search engine for the phrase conveyancing in Earls Court it reveals numerous solicitorsin the area. How do I determine which is the suitable property lawyer for my move?
The ideal method of finding the right conveyancer is via personal testimonial, so ask friends and relatives who have bought a property in Earls Court or the reputable estate agent or mortgage broker. Costs for conveyancing in Earls Court vary, so it's a good idea to secure at least three fee estimates from different companies. Make sure that you know what costs in the quote includes.
Do I cancel my mortgage payments with Virgin Money as soon as a completion date for my sale in Earls Court has been agreed?
You would be well advised to continue paying any mortgage payments to Virgin Money pending the mortgage being repaid out of the proceeds of sale as part of your Earls Court conveyancing.