It has come to my attention via my lender that my Freshwater solicitor is not on the bank Solicitor panel. What can I do to check?
The first thing you need to do is to contact your Freshwater lawyer directly. You lawyer should advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
I need some fast conveyancing in Freshwater as I am faced with a deadline to sign on the dotted line within one month. A home loan is not required. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are not taking a home loan you are at free not to do searches although no solicitor would suggest that you don't. With plenty of history conveyancing in Freshwater the following are instances of what can be revealed and adversely affect future saleability: Enforcement Actions, Overdue Charges, Overdue Grants, Road Schemes,...
Over the last few months I have been searching for a leasehold apartment up to £235,500 and identified one close by in Freshwater I like with a park and transport links nearby, the downside is that it's only got 61 years unexpired on the lease. I can't really find anything else in Freshwater in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you require a home loan that many years will be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this matter.
Should I be concerned that 3rd parties that I am dealing with are recommending a web based conveyancing firm as opposed to a local Freshwater conveyancing firm?
As with many service providers, often input from family and friends can be extremely useful or valuable. But there are many people with a vested interest in a conveyancing matter; estate agents, mortgage brokers and lenders might all put forward conveyancers to use. Sometimes these solicitors might be known to one of the organisations as experts in their field, but sometimes there may be a commercial relationship behind the endorsement. You have the discretion to choose your own conveyancer. You need to be aware that some mortgage providers have an approved list of lawyers you must use for the mortgage related work in your home move.
I am looking for a conveyancing solicitor in Freshwater for my home move. Can I see a solicitor's record with the profession’s regulator?
Anyone may review published Solicitor Regulator Association (SRA) decisions stemming from investigations started on or after Jan 2008. Go to Check a solicitor's record. To find records about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The SRA sometimes recorded call for training purposes.
We are in the throes of selling our flat in Freshwater. Conveyancing lawyers are doing their job but we are being charged a fortune by the freeholder. So far we have paid £237 for a leasehold management pack and then a further £200 plus VAT for additional queries supplied by the purchaser's conveyancer.
Neither you or your solicitor will have any impact over the level of the charges for this information however the average fee for the information for Freshwater leasehold premises is £355. For Freshwater conveyancing sales it is conventional for the owner to cover the costs. The freeholder or their agents are under no legal obligation to answer these questions most will agree to do so - albeit often at high prices out of proportion to the work involved. Unfortunately there is no legislation that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are required to supply the information.