Is the fact that my conveyancer in Princes Risborough is not on my lender's conveyancing panel that there is a problem with the quality of her work?
It would not be wise to jump to that conclusion. 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 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 Princes Risborough conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
Can you recommend a Leeds Building Society sanctioned Princes Risborough conveyancing lawyer who can have us moved in within two weeks? Am I best advised to unstruct a local Princes Risborough conveyancer or an online conveyancer?
We can recommend some very good Princes Risborough conveyancing firms. You can also walk up the high street in Princes Risborough. Go in to some well established firms and ask to see a conveyancing solicitor for a costs illustration. Explain your time frames together with the reasons and ask for a commitment on your deadline. Choose the one that genuine.
We note that you have a search directory listing solicitors on the Nationwide conveyancing panel. Do firms pay you a commission if I instruct them for our conveyancing in Princes Risborough?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Princes Risborough.
It has been three months since my purchase conveyancing in Princes Risborough completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. 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.
How does conveyancing in Princes Risborough differ for newly converted properties?
Most buyers of new build property in Princes Risborough approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is completed. This is because new home sellers in Princes Risborough usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Princes Risborough or who has acted in the same development.
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Princes Risborough is the location of the property. What do you suggest?
Flying freeholds in Princes Risborough are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Princes Risborough you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Princes Risborough may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.