Am I correct in assuming that the fact that my conveyancer in Camborne is not identified on my bank's conveyancing panel that there is a problem with the standard of the firm’s work?

That would more than likely be a wrong assumption to make. There are all sorts of perfectly plausible 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 most common reasons for removal are: (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 simply call the Camborne conveyancing practice and ask them why they are no longer on the approved list for your lender.

Due to complete my purchase in Camborne next Monday. I have now been asked to send a copy of my building insurance schedule by my solicitor as as she informs me that she is duty bound to validate that it is in order for the lender. What risks does the bank expect the insurance to cover?

Any lawyer on acting for banks would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s UK Finance Lenders’ Handbook requirements. These obligations are not specific to conveyancing in Camborne.

Can I use your services to recommend a Conveyancing solicitor in Camborne even where I’m not purchasing or disposing of a house, for example where I wish to acquire an office in Camborne with a loan from TSB?

Our comparison service is primarily there to find residential conveyancing solicitors in Camborne but we have recorded at the bottom of this page some Camborne commercial conveyancing firms. You will need to make contact with the firm directly to see if they are also authorised to represent TSB

Will my lawyer be raising enquiries concerning flooding as part of the conveyancing in Camborne.

The risk of flooding is if increasing concern for lawyers specialising in conveyancing in Camborne. There are those who acquire a house in Camborne, completely aware that at some time, it may be flooded. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate insurance cover, or dispose of the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.

Solicitors are not best placed to impart advice on flood risk, however there are a number of checks that may be carried out by the purchaser or on a buyer’s behalf which will give them a better appreciation of the risks in Camborne. The conventional set of information given to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a usual inquiry of the vendor to determine whether the premises has ever been flooded. If flooding has previously occurred which is not disclosed by the owner, then a purchaser may bring a claim for damages stemming from an incorrect answer. The purchaser’s lawyers will also commission an environmental search. This will indicate if there is a recorded flood risk. If so, additional investigations will need to be conducted.

What does commercial conveyancing in Camborne cover?

Camborne conveyancing for business premises covers a broad range of guidance, supplied by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.