Am I correct in assuming that the fact that my solicitor in Fratton and Portsea is not listed on my mortgage company's conveyancing panel that there is a problem with the standard of the firm’s conveyancing?
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 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 lawyer 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 Fratton and Portsea conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
We are planning to acquire a property and need a conveyancing solicitor in Fratton and Portsea who is on the Lloyds approved panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds . We don't recommend any particular firms conducting conveyancing in Fratton and Portsea.
I need some expedited conveyancing in Fratton and Portsea as I am under a deadline to complete within 4 weeks. A mortgage is not required. Is it possible to decline from having conveyancing searches to save fees and time?
As you are are a cash buyer you have the choice not to do searches although no lawyer would suggest that you don't. With plenty of history conveyancing in Fratton and Portsea the following are examples of what can crop up and adversely impact future mortgageability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Unadopted Roads,...
Due to the guidance of my in-laws I had a survey completed on a property in Fratton and Portsea before instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies tend not give a mortgage on this type of house.
It varies from the lender to lender. Santander has different instructions for example to Halifax. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Fratton and Portsea. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Fratton and Portsea to see if the conveyancing will be more expensive.
My mother purchased her house in Fratton and Portsea in 2008. She has been married, divorced and in recent months got remarried. She intends to market the property next moths. I suspect that she will just be asked to provide a copy of the marriage papers to the solicitor however she is anxious it will hold up the conveyancing. Is it worth updating the title information for the house?
You are not required to bring up to date the register as long as you have the proof needed to demonstrate how the change of name resulted.
The purchaser’s lawyer should examine the title details and require evidence to prove the name change for instance marriage certificates.