Is the fact that my solicitor in Sileby is not on my bank's solicitor panel that there is a problem with the quality of the firm’s work?

That is most likely an incorrect assumption to make. There are plenty of plausible 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 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. Should you be concerned you should contact the Sileby conveyancing firm and enquire why they are no longer on the approved list for your mortgage company.

Various internet forums that I have come across warn that are a common cause of obstruction in Sileby conveyancing transactions. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) published conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances during the legal transfer of property. Searches are not likely to feature in any delay in conveyancing in Sileby.

I completed on my flat on 12 November and the transaction details are still not on the land registry website. Need I be worried? My conveyancing solicitor in Sileby expressed confidence that it should be recorded in a couple of weeks. Are titles in Sileby particularly slow to register?

There is nothing unique when it comes to conveyancing in Sileby registration formalities. As opposed to being determined by geographic area, timeframes can differ subject to who lodges the application, whether it is in order and if the Land registry communicate with any third persons or bodies. As of today in the region of 80% of submission are completed in less than three weeks but some can be subject to extensive hold-ups. Historically registration occurs once the purchaser is living at the premises therefore registration formalities is not always primary concern yet where it is urgent that the the registration takes place urgently then you or your conveyancer could communicate with the Registry to express the reasoning for an expedited registration.

How do I search for a Sileby solicitor on the HSBC Bank conveyancing panel? I drive a motor bike and am prepared to travel upto 10kilometers to meet the conveyancer.

You can use the search on this page. Please select a bank and your location and you will see a number of Sileby conveyancing lawyers based on proximity. We have detailed some Sileby conveyancing firms towards the end of this page and you can call them to verify whether they are on the HSBC Bank approved list

All being well we will complete the sale of our £475,000 apartment in Sileby in 5 days. The managing agents has quoted £324 for Landlord’s certificate, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Sileby?

Sileby conveyancing on leasehold apartments normally requires the purchaser’s conveyancer sending enquiries for the landlord to address. Although the landlord is under no legal obligation to answer these enquiries the majority will be willing to assist. They are entitled to invoice a reasonable administration fee for responding to questions or supplying documentation. There is no upper cap for such fees. The average costs for the information that you are referring to is £350, in some situations it is in excess of £800. The management information fee required by the landlord must be sent together with a summary of entitlements and obligations in relation to administration charges, otherwise the charge is not strictly payable. In reality you have no option but to pay whatever is requested of you should you wish to sell the property.

Sileby Conveyancing for Leasehold Flats - Sample of Questions you should ask before Purchasing

Who are the managing agents? You should want to find out as much as you can about the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you will be at the mercy of the managing agents both financially and when it comes to day to day issues like the cleanliness of the common parts. Ask other people whether they are happy with them. In conclusion, find out the dates that the maintenance charges are due to the managing agents and specifically what it includes.