Can you clarify what the consequences are if my solicitor is expelled from the Nottingham Conveyancing panel ahead of completing my conveyancing in Church End?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
My friend suggested that if I am purchasing in Church End I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Church End conveyancing searches. It is a large report of more than thirty pages, listing and detailing important information about Church End around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful information regarding Church End.
Have completed on a a semi-detached house in Church End , What is the estimated time for the Land Registry to record my proprietorship? My Church End conveyancing solicitor has been painfully slow, so I want to be sure that my name is recorded.
There is nothing unique when it comes to conveyancing in Church End registration formalities. Rather than based on location, timescales can adjust depending on who lodges the application, whether there are errors and if the Land registry must send notices to any third persons or bodies. Currently in the region of three quarters of submission are completed in less than three weeks but some can be subject to longer hold-ups. Historically registration takes place once the purchaser has moved in to the premises thus 'speed' is not always top priority but if there is a degree of urgency associated with the registration then you or your conveyancer could contact the land registry and explain the circumstances.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a simple, chain free conveyancing. Church End is the location of the property. Is there any advice you can give?
Flying freeholds in Church End are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Church End you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Church End may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Me and my wife accepted an offer on a Church End house we inherited six years ago in 2009. I have over a decades worth of conveyancing knowledge and, although retired, wish to carry out my own legal work. The purchaser's lawyer has informed me that their Lenders will not allow us to do our own conveyancing requiring the funds to be transferred to a solicitor's bank account.
Lending requirements to lawyers from all CML members state that If the vendor is not legally represented the borrower's lawyers should check whether the lender needs to be informed so that a decision can be reached if they are prepared to progress.