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

That would most likely be a wrong assumption to make. There are plenty of plausible explanations. Just recently a 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) low volume 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 Lydney conveyancing practice and enquire why they are no longer on the approved list for your lender.

Can conveyancing in Lydney to be completed in under 3 weeks?

In a situation where the seller is applying pressure to sign contracts it is highly recommended that your lawyer is familiar with the location as they will benefit local contacts and intelligence. It is even conceivable that they would have conducted previoushomes in the same street. You would be best advised to use a Lydney conveyancing lawyer. Second, double check that the lawyer is on the lender panel. It is believed that 18% of Lydney conveyancing deals are delayed or derailed after discovering a purchaser’s conveyancer was not on their banks list of approved solicitors. This can often result in the legal transfer of property being held up by almost three weeks. It is said that this issue impacts approximately one hundred thousand home sales every year. Many Lydney conveyancing firms can not act for certain banks so do check at the outset.

Are the BSA planning on creating a search tool with a view to to identify solicitors on the Earl Shilton BS conveyancing panel for instance in Lydney?

We would not expect to be advised of any intention on the part of the BSA to promote such a search facility.

I have todaybeen informed that Stirling Law have been shut down. They conducted my conveyancing in Lydney for a purchase of a freehold house 12 months ago. How can I establish that my home is in my name in the name of the former proprietor?

The easiest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Lydney conveyancing specialists.

Your search tool is useful but there are many lawyers listed near Lydney being on the mortgage company conveyancing panel. Can you recommend a specific firm on the conveyancing panel for our lender?

We are not in the business of recommending one firm above another as the right Lydney conveyancing solicitor for you depends on where your priorities lie. For example you may require a local firm with Lydney knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..