Am I correct in assuming that the fact that my conveyancer in Woodcote is not listed on my mortgage company's solicitor panel that there is a problem with the quality of the firm’s conveyancing?
That would more than likely be a wrong assumption to make. There are plenty of plausible explanations. A recent report by the solicitors regulator revealed 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 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 simply call the Woodcote conveyancing practice and ask them why they are no longer on the approved list for your lender.
My wife and I have recently appointed a conveyancing solicitor in Woodcote. I need to find out if they are accepted on the Norwich and Peterborough Building Society approved list of lawyers. Can you or the lender confirm if they are on the panel?
The first thing you should do is e-mail your lawyer and ask them whether they are on the lender panel. Otherwise you should call Norwich and Peterborough Building Society who may be able to assist.
I have recentlyfound out that Action Conveyancing have been shut down. They carried out my conveyancing in Woodcote for a purchase of a leasehold flat 18 months ago. How can I be sure that my home is not still registered in the name of the previous owner?
The easiest way to see if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Woodcote conveyancing specialists.
Over the last few months I have been searching for a ground for flat up to £305k and identified one near me in Woodcote I like with amenity areas and transport links in the vicinity, the downside is that it only has 61 years unexpired on the lease. I can't really find anything else in Woodcote suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a home loan that many years will be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
I am a sole trader hoping to take over a lease of an office on the high street. Can you recommend lawyers offering no-sale-no charges for non-domestic conveyancing in Woodcote for below £1,200?
We can recommend firms who host a wealth of experience of commercial conveyancing in Woodcote, including the sale and acquisition of businesses as well as simply premises. If you are intending to buy or sell a shop, pub, restaurant, office, retail unit or a whole business we can find you the right firm. As for the fees this will depend on the structure and complexity of the proposed transaction. Let us have your details or telephone us so that we can provide you with a detailed commercial conveyancing calculation.
I am considering choosing a web based lawyer ahead of a Woodcote conveyancing practice. Am I making a mistake?
Various benefits exist in being able to attend a local Woodcote conveyancing solicitor for instance
- signing documents same day
- sometimes being able to see someone face-to-face can make a huge difference, particularly for more complex transactions
- the ability to complain if matters go pear-shaped
When comparing quotes, look out for hidden extras. The majority decent Woodcote high street solicitors give an all-inclusive price. Often online companies seem to offer discounted prices, but have hidden 'extras' in the in the terms and conditions.