Is the fact that my conveyancer in Longfield is not identified on my bank's solicitor panel that there is a problem with the quality of the firm’s conveyancing?
It would not be wise to jump to that conclusion. There are plenty of reasonable explanations. Just recently a report by the solicitors regulator revealed 76% 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. If you are concerned you should simply call the Longfield conveyancing practice and ask them why they are no longer on the approved list for your lender.
Are there restrictive covenants that are commonly identified as part of conveyancing in Longfield?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Longfield. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Over the last few months I have been searching for a leasehold apartment up to £305k and identified one near me in Longfield I like with a park and station in the vicinity, the downside is that it only has 61 years on the lease. There is not much else in Longfield in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a home loan the shortness of the lease may be an issue. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
Are there any apps to assist me to identify a Longfield law firm on the Platform Home Loans Ltd conveyancing panel? I have wheels and am prepared to travel upto 20kilometers to meet the solicitor.
Feel free to make use of the tool on this page. Please pick a lender and your location and you will see a number of Longfield conveyancing lawyers located nearest you. We have detailed some Longfield conveyancing firms at the bottom of this page and you can contact them to verify whether they are on the Platform Home Loans Ltd panel
We are 3 weeks into a freehold purchase having been recommend to conveyancers by the local agent to handle our conveyancing in Longfield. I am am very dissatisfied with the level of service. Could you you assist me in finding new solicitors?
A solicitor would need to be very poor in order to consider diss instructing them. Has the mortgage been generated? In the event that it has you must advise them of the new contact details and ensure the loan are re-sent. The solicitor ideally needs to be on the mortgage company panel to avoid escalating charges and complications. So that should be your first question of the new solicitors. The find a solicitor tool should assist you in finding a lender approved solicitor for your conveyancing in Longfield
Our lenders have just issued us with a mortgage offer. We appointed a long established conveyancer in Longfield last week. Today, our financial adviser called to say that the lender said that we cannot use our solicitor as they aren't on their panel. As FTB's, we had no idea that the mortgage company had a say Is this usual?
You can actually select any conveyencer you wish to appoint including the said conveyancer in Longfield however if your bank aren't happy with them you would have to fork out additional cost so your bank can appoint their own lawyers. It may be possible your preferred conveyancing firm to get included on to the bank panel. You can use internet tools such as lenderpanel.com to find a conveyancing solcitor in Longfield on the mortgage company panel. You can go into your high street bank branch in Longfield. They can recommend conveyancing solicitors in Longfield on the approved list.