Is the fact that my solicitor in Bishops Waltham is not listed on my lender's solicitor panel that there is a problem with the quality of his work?
That is most likely a wrong assumption to make. There are plenty of reasonable explanations. A recent report by the solicitors regulator revealed that over three quarters 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. If you are concerned you should simply call the Bishops Waltham conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
My wife and I have just bought a house in Bishops Waltham. We have noticed several problems with the property which we consider were missed in the conveyancing searches. What action can we take? What searches should? have been ordered for conveyancing in Bishops Waltham?
It is not clear from the question as to the nature of the problems and if they are specific to conveyancing in Bishops Waltham. Conveyancing searches and investigations initiated as part of the buying process are carried out to help avoid problems. As part of the process, a property owner answers a form referred to as a Seller’s Property Information Form. answers ends up being incorrect, you may have a misrepresentation claim against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Bishops Waltham.
I just acquired a property at auction in Bishops Waltham. Conveyancing is needed. What is next?
Having legally bound yourself to purchase you now have to retain a conveyancing solicitor soon as you are facing a tight deadline in which to complete the transaction. An auction property will have a corresponding auction set of papers. This should include evidence of title and search results. If you have purchased leasehold property the auction papers should include a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to leasehold premises. You need to hand this to the solicitor working for you as soon as possible. Do make sure that that you have the requisite funding in order to complete on the on the contractual date .
Is it the case that all Bishops Waltham solicitor practices on the Aldermore conveyancing panel are governed by the SRA?
As a firm of solicitors, in order to be on the Aldermore approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. Many banks do permit licenced conveyancers on their panel and in such a situation the organisation would be governed by the Council of Licensed Conveyancers.
HSBC have agreed my home loan in principle, my bid on a flat in Bishops Waltham has been accepted, what are the next steps?
Your estate agent will want to be informed of your conveyancer's details (ensure that the solicitors are on the lender’s approved list). Telephone HSBC or the broker and finalise any appropriate documentation. HSBC will instruct a valuer who will get in contact with the selling agent or seller to arrange an appointment. Once carried out (assuming no problems) it takes approximately a week to receive the mortgage offer. HSBC will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Bishops Waltham.
I note that there are debates on Chancel Insurance on online forums. Am I compelled to take this when acquiring a residence in Bishops Waltham? or Apparently there is a law dating back centuries that could mean that owners of property residing in a parish church boundary will be compelled to pay for repairs towards the chancel in proximity to the church. Is this applicable for conveyancing in Bishops Waltham?
Unless a prior acquisition of the premises took place after 12 October 2013 you can expect solicitors conducting conveyancing in Bishops Waltham to continue to advocate a chancel search and or insurance against a claim.
I need to instruct a conveyancing solicitor for remortgage conveyancing in Bishops Waltham. I have land on a web site which seems to have the perfect answer If there is a chance to get all this stuff completed via email that would be ideal. Should I 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?