Is the fact that my conveyancer in Penrith is not identified on my mortgage company's conveyancing panel that there is a problem with the quality of the firm’s conveyancing?
That is more than likely an incorrect assumption to make. 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. If you are concerned you should contact the Penrith conveyancing firm and enquire why they are no longer on the approved list for your bank.
Having sold my house in Penrith last September yet the purchaser is texting every few hours complaining that his conveyancer needs to hear from myconveyancer. What should my lawyer have done following completion?
Post completion of your sale your lawyer is committed to forward the transfer documentation and all supplemental paperwork to the buyer’s solicitors. Depending on the transaction, your conveyancer must also confirm that the home loan has been repaid to the buyers lawyers. There is unlikely to be post completion formalities specific conveyancing in Penrith.
I am buying a garden flat in Penrith. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Penrith you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Penrith.
I decided to have a survey completed on a property in Penrith ahead of retaining lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies tend not give a mortgage on such a premises.
It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. If you e-mail us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Penrith. Conveyancing will be smoother if you use a solicitor in Penrith especially if they are acquainted with such properties in Penrith.
I am looking to sell my property. My previous conveyancers have shut. I am in need of a recommendation of a conveyancing firm. I happen to live in Penrith if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Penrith. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I'm selling a property in Penrith. I have found my conveyancer's company on the Law Society's list, but I can't find my lawyer's name as listed on the regulator's website. Should I be concerned?
Not all staff in the practice must be listed by the regulator. Provided there is a manager qualified to 'oversee' the transaction, the actual day-to-day activity can be undertaken by unlicensed staff.