Am I correct in assuming that the fact that my conveyancer in Wooler is not identified on my lender's solicitor panel that there is a problem with the quality of her work?
It would be unwise to jump to that conclusion. There are all sorts of perfectly 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) lack 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 contact the Wooler conveyancing practice and enquire why they are no longer on the approved list for your lender.
Can conveyancing in Wooler to be finalised inside 3 weeks?
In the event that you are under pressure for your conveyancing it is highly recommended that your solicitor is familiar with the area as they will make use of local relationships and knowledge. It is possible that they could have conducted previousproperties in the same neighbourhood. You would be best advised to use a Wooler conveyancing solicitor. Second, double check that the conveyancing firm is on the member panel. It is believed that just under twenty per cent of Wooler conveyancing deals are delayed or jeopardised after discovering a buyer’s solicitor was not on their mortgage lender’s member panel. In many cases this discovery resulted in the legal transfer of property being delayed by as much as 21 days. It is estimated that this issue affects in the region of one hundred thousand home moves annually. Many Wooler conveyancing firms can not act for certain lenders so do check at the outset.
My brother-in-law has suggested I instruct a conveyancing solicitor in Wooler. I I am struggling to find out whether they are on the Platform Home Loans Ltd conveyancing panel. Can you assist?
You should e-mail the solicitor and enquire whether they are on the lender panel. Otherwise you can get in touch with Platform Home Loans Ltd who may be able to assist.
I got the keys to my house on 16 March and the transaction details is yet to be registered. Need I be worried? My conveyancing solicitor in Wooler expressed confidence that it should be concluded in less than a month. Are properties in Wooler uniquely lengthy to register?
There is nothing unique about conveyancing in Wooler registration formalities. As opposed to being determined by geographic area, timeframes can vary subject to who lodges the application, whether it is in order and whether the Land registry need to notify any third persons or bodies. At present roughly three quarters of such applications are completed within two weeks but occasionally there can be protracted hold-ups. Registration is effected once the purchaser has moved in to the property therefore 'speed' is not typically top priority but where it is urgent that the the registration takes place urgently then you or your lawyers should communicate with the Registry to express the reasoning for the application to be prioritised.
Due to the guidance of my in-laws I had a survey completed on a property in Wooler ahead of appointing solicitors. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies will refuse to grant a loan on a flying freehold property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. If you call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wooler. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to retain a conveyancing solicitor for sale conveyancing in Wooler. I've chance upon a site which appears to be the ideal solution If it is possible to get all the legals completed via email that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?