Is the fact that my conveyancer in Seaview is not on my lender's solicitor panel that there is a problem with the standard of her work?
That would most likely be a wrong assumption to make. There are all sorts of perfectly plausible 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) 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 Seaview conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
I own a freehold premises in Seaview but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Seaview and has limited impact for conveyancing in Seaview but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the generation of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
Is it necessary during the course of the conveyancing process to pop into the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Seaview so that I can pop in to their offices if required.
Nowadays conveyancing panel lawyers for lenders undertake their communications through the post, internet or over phone calls. This enables them to undertake the conveyancing transaction regardless of where you live in England or Wales. That being said you should check if you have the option of visiting the offices of your conveyancing lawyer if just in case this is required.
Should our lawyer be making enquiries regarding flooding during the conveyancing in Seaview.
Flooding is a growing risk for lawyers conducting conveyancing in Seaview. There are those who buy a house in Seaview, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the premises. There are steps that can be taken as part of the conveyancing process to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, but there are a various searches that may be carried out by the purchaser or by their lawyers which will give them a better understanding of the risks in Seaview. The standard property information forms supplied to a buyer’s lawyer (where the Conveyancing Protocol is adopted) contains a standard question of the owner to determine if the premises has ever been flooded. If the residence has been flooded in past and is not disclosed by the seller, then a buyer may commence a compensation claim as a result of such an incorrect reply. A purchaser’s lawyers may also conduct an enviro search. This will higlight whether there is a recorded flood risk. If so, more detailed inquiries will need to be conducted.
Is there anything unique about your site and alternative internet conveyancing brokers when it comes to conveyancing in Seaview?
At this site secure a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Seaview. Unlike many estate agents and brokerage sites we do not charge firms a fee if you instruct them for your property ownership legalities in Seaview
I am contemplating choosing a web based conveyancer rather than a Seaview conveyancing practice. Am I making a mistake?
There are advantages of having the opportunity to pop in to a local Seaview conveyancing solicitor for instance
- signing papers same day
- getting one on one explanations of things that need explaining
- the ability to complain if things go pear-shaped
When checking fees, look carefully for hidden extras. The majority decent Seaview high street solicitors give an all-inclusive figure. Often online agents seem to offer discounted prices, yet have burried 'extras' in the in the terms and conditions.