Am I correct in assuming that the fact that my solicitor in Loughton is not on my bank's solicitor panel that there is a problem with the standard of his conveyancing?

It would be unwise to jump to that conclusion. There are plenty of 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) 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 Loughton conveyancing firm and enquire why they are no longer on the approved list for your bank.

My partner and I are approaching an exchange on a house in Loughton and my mum and dad have sent the exchange deposit to my conveyancer. I am now advised that as the deposit has not arrived from me my lawyer needs to make a notification to my bank. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I informed the bank about my parents' contribution when I applied for the mortgage, so is it really necessary for this now to be an issue?

The lawyer is duty bound to clarify with the bank to ensure that they know that the balance of the purchase price is not from your own resources. The solicitor can only report this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.

I am buying a new build flat in Loughton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Here is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Loughton

Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.

Is it possible to swap solicitor as I need to choose one who is on the Norwich and Peterborough Building Society conveyancing list. I was using a family conveyancing solicitor in Loughton five minutes from me but she is not accepted by Norwich and Peterborough Building Society

We will our best to assist in finding you a conveyancing solicitor in Loughton on the Norwich and Peterborough Building Society panel. Please note that the law firms that we on the directory do not pay us commission if you instruct them and are registered with the Solicitors Regulation Authority who oversee all conveyancing solicitors in Loughton. In utilising the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Loughton.

I have been told by many family members to expect up to two months for Loughton conveyancing to complete.This was 3 ago. The draft contract was only sent to my property lawyer yesterday so does the clock start running now?

There is no categorical time frame for conveyancing in Loughton. Conveyancing is subject to many variable. Loughton conveyancing searches alone may take up to month before they are received.