The property market in Polegate is hotting up. What can I do to speed up matters?
First, If you are under a tight deadline to exchange we would recommend that your solicitor is familiar with the area as they will make use of local contacts and intelligence. It is possible that they may have handled otherhomes in the same neighbourhood. You would be best advised to use a Polegate conveyancing solicitor. Second, make sure that the conveyancing firm is on the on the approved list for your mortgage company. It is said that nearly one in five of Polegate conveyancing transactions are suspended or derailed after finding out that a purchaser’s conveyancer was not on their banks member panel. In many cases this discovery resulted in the conveyancing being frustrated by as much as three weeks. It is believed that this issue impacts in the region of one hundred thousand home sales every year. Many Polegate conveyancing practices can not act for certain banks so do check as early as possible.
Can you clarify what the consequences are if my solicitor is suspended from the HSBC Solicitor panel ahead of completing my conveyancing in Polegate?
First, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Me and my partner are purchasing a apartment in Polegate. I might seem paranoid but how we can trust a conveyancer? On the day of competition we will need to deposit our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is it the case that all Polegate solicitors on the Nationwide conveyancing panel are regulated by the SRA?
As a firm of solicitors, in order to be on the Nationwide conveyancing panel they would need to be overseen by the SRA. Many lenders do permit licenced conveyancers on their panel and in such a situation the organisation would be overseen by the CLC.
I am purchasing a property in Polegate. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Nottingham be concerned?
As you are obtaining a mortgage with Nottingham your lawyer must check the conveyancing requirements outlined in Section 2 of UK Finance Lenders’ Handbook for Nottingham. The CML Handbook sets out minimum conditions for solar panel roof-space leases, and conveyancing practitioners are required to report to Nottingham where a lease does not satisfy these provisions. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Polegate.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Polegate?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Polegate. 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…’
I need to instruct a conveyancing lawyer in Polegate for my house move. Is there any facility to see a solicitor's complaints history with the legal regulator?
One can review published Solicitor Regulator Association (SRA) determinations resulting from inquisitions started on or after Jan 2008. Visit Check a solicitor's record. To find records Pre 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The SRA sometimes recorded call for training requirements.
The conveyancers handling our conveyancing in Polegate has sent documents to review that state the land is unregistered with epitome documents. How can it be that the property not registred at HM Land Regsitry?
Although the vast majorities of properties in Polegate are now registered with HMLR there are still a few that remain unregistered. Any property in Polegate that has been purchased since the late 1980’s will have been registered at the HM Land Registry under the compulsory ‘first registration’ scheme. However, if a Polegate property has not changed hands in that time then it’s likely the old fashioned title deeds will be the only evidence of ownership.Many Polegate conveyancing solicitors should be capable of dealing with this type of conveyancing but where uncertainty exists the standard proposition nowadays seems to be for the current owners to register it first and then sell - this can though naturally result in a protracted conveyancing.