Am I correct in assuming that the fact that my conveyancer in New Ferry is not listed on my bank's conveyancing panel that there is a problem with the standard of the firm’s conveyancing?
That is most likely an incorrect assumption to make. There are all sorts of perfectly reasonable explanations. Just recently a report by the solicitors regulator indicated 76% 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 New Ferry conveyancing firm and enquire why they are no longer on the approved list for your lender.
How does conveyancing in New Ferry differ for newly converted properties?
Most buyers of new build or newly converted property in New Ferry approach us having been asked by the seller to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in New Ferry tend to buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in New Ferry or who has acted in the same development.
Hoping to buy a property located in New Ferry and I am already nervous. I couldn't find anything specific about New Ferry. Conveyancing will be needed in due course but do you know about the New Ferry area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at New Ferry. In the meantime here are some basic statistics that we found
My father-in-law has suggested that I appoint his conveyancing solicitors in New Ferry. Should I choose my own conveyancer?
Much as we are happy to recommend a New Ferry conveyancing lawyer it’s preferable to select a conveyancing lawyer is to get referrals from friends or family who have previously instructed the firm that you are contemplating using.
I'm purchasing a flat in New Ferry. I have found my conveyancer's company on the CLC list, but I can't locate my conveyancer's name as listed on the regulator's website. Is this a big problem?
Not all staff in the law firm must be listed by the regulator. As long there is someone qualified to 'oversee' the conveyancing, the actual day-to-day activity can be conducted by unlicensed staff.