Am I correct in assuming that the fact that my conveyancer in Parkstone is not listed on my mortgage company's solicitor panel that there is a problem with the quality of her conveyancing?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (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 Parkstone conveyancing practice and ask them why they are no longer on the approved list for your lender.
We have a mortgage agreed in principle with Skipton. Parkstone conveyancing solicitors have been chosen. What is the average time that one could expect to receive a mortgage offer from Skipton?
There is no definitive answer here. Have Skipton completed the valuation? Have you informed Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
After months of negotiation I have agreed a price on an apartment in Parkstone. My financial adviser suggested a conveyancing practitioner. I paid an advanced payment of £225. Shortly after, the solicitor called me to say that they were not on the Kent Reliance conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Kent Reliance panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am selling my house. I had a double glazing fitted in August 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Skipton are being pedantic. The Parkstone solicitor who is on the Skipton conveyancing panel is recommending indemnity insurance as a solution but Skipton are insisting on a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?
It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton 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 have been told that property searches are the primary reason for delay in Parkstone conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays during the legal transfer of property. Local searches are not likely to feature in any holding up conveyancing in Parkstone.
What does commercial conveyancing in Parkstone cover?
Commercial conveyancing in Parkstone incorporates a broad array of guidance, offered by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I am using a search engine for the term on line conveyancing in Parkstone it shows results of numerous property lawyersin the area. With so much choice what is the best way to find the suitable property lawyer for the sale of my house?
The ideal method of finding a suitable conveyancer is through a trusted testimonial, so ask colleagues and family who have bought a property in Parkstone or a respected estate agent or financial adviser. Costs for conveyancing in Parkstone differ, so it's sensible to obtain at least four estimates from different property lawyers. Make sure that you know what costs in the quote includes.
I have chosen a Parkstone conveyancing solicitor for our home move (FTB’s) and have picked up in the engagement letter that they are not overseen by the Financial Conduct Authority. Need I be worried or is that usually the case with property lawyer?
We can't see why they should be. Most property lawyer don't lend money. You should check that they are governed by the SRA, who have stringent conditions regulating amounts sitting in their bank.