Am I correct in assuming that the fact that my solicitor in Hellesdon is not listed on my lender's solicitor panel that there is a problem with the quality of his conveyancing?
That would most likely be an incorrect assumption to make. There are all sorts of perfectly 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 solicitor 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 contact the Hellesdon conveyancing practice and ask them why they are no longer on the approved list for your mortgage company.
In the event thatI were to buy a straightforward homein Hellesdon mortgage fee and dispense with a survey and no conveyancing searches how much would I expect to to save on my conveyancing in Hellesdon?
The only reduction in fees you would make on is the Hellesdon conveyancing searches. Your property lawyer still be obliged to do everything else - money laundering, correspond with the vendors property lawyer, stamp duty return, register the property etc. A slight saving might be made by not having to register a mortgage however it won't be meaningful.
It has been three months following my purchase conveyancing in Hellesdon took place. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. 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 residence 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.
Due to the guidance of my in-laws I had a survey completed on a property in Hellesdon before instructing lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some banks tend refuse to give a mortgage on a flying freehold premises.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Hellesdon. Conveyancing will be smoother if you use a solicitor in Hellesdon especially if they are familiar with such properties in Hellesdon.
I need to appoint a conveyancing solicitor for purchase conveyancing in Hellesdon. I've discover a web site which looks to be the ideal answer If there is a chance to get all formalities completed via email that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have recently had an offer accepted on a leasehold flat in Hellesdon and the estate agent that we are dealing with suggested his solicitor. They quoted a thousand pounds excluding VAT and 3rd party costs. Does this sound like a good deal?
Don't just go on a single quote. One should seek like-for-like quotes for your conveyancing in Hellesdon. Then pick one that you are comfortable with and crucially, is on the approved list of the bank that you are sourcing your mortgage from.