Is the fact that my conveyancer in Gosport is not listed on my mortgage company's solicitor panel that there is a problem with the standard of her conveyancing?
It would be unwise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated 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) low volume 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. Where you are concerned you should simply call the Gosport conveyancing practice and ask them why they are no longer on the approved list for your bank.
Do banks and building societies provide you with an approved list of Gosport conveyancing solicitors? How do you know who is on the TSB conveyancing panel?
Gosport conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.
My grandmother passed away last year and as sole heir and executor I was left the property in Gosport. The house had a small mortgage remaining of approximately £4500. I want to transfer the title deeds into my name whilst I re-mortgage to HSBC, pay off the mortgage. Is this possible?
Where you plan to refinance then HSBC will require that you use a conveyancer on the HSBC conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your HSBC conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the HSBC mortgage is registered as a charge at the Land Registry.
We are purchasing a property in Gosport. It might be a silly question but how we can trust a solicitor? On the day of competition we have to send money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We are buying a victorian detached house in Gosport. Our aim is to an extension at the rear at the house.Will legal due diligence on the property include enquiries to determine if these alterations are prohibited?
Your property lawyer should check the deeds as conveyancing in Gosport will sometimes identify restrictions in the title deeds which restrict certain alterations or need the consent of a 3rd party. Many works require local authority planning permissions and approval in compliance with building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.
My partner and I have arranged the release of further monies on our mortgage from Skipton as we intend to carry out improvements to our property in Gosport. Are we obliged to choose a high street Gosport solicitor on the Skipton conveyancing panel to deal with the paperwork?
Skipton do not ordinarily require firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Skipton panel.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one round the corner in Gosport I like with amenity areas and station in the vicinity, however it's only got 51 years unexpired on the lease. There is not much else in Gosport in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you need a home loan the shortness of the lease will be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.