Is the fact that my solicitor in Greenfield is not listed on my bank's conveyancing panel that there is a problem with the quality of the firm’s work?
That would more than likely be an incorrect assumption to make. 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 most common reasons for removal are: (1) lack 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. If you are concerned you should simply call the Greenfield conveyancing practice and ask them why they are no longer on the approved list for your mortgage company.
Completed the sale of my flat in Greenfield last May but my buyer keeps Skype messaging every few hours complaining that his conveyancer is waiting to hear from mine. What are the post completion sale formalities following completion?
Following your disposal your lawyer is duty bound to send the transfer documentation and all supplemental paperwork to the buyer’s solicitors. Depending on the transaction, your conveyancer should also evidence that the home loan has been discharged to the buyers conveyancers. There is unlikely to be post completion requirements specific conveyancing in Greenfield.
What can a local search inform me regarding the house I am purchasing in Greenfield?
Greenfield conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search company for instance Searches UK The local search plays a central role in many a Greenfield conveyancing purchase; as long as you don’t want any nasty surprises after you move into your property. The search should provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
I am looking for a conveyancing practitioner in Greenfield for my sale. Is there any facility to check a solicitor's record with the legal regulator?
Anyone can find published Solicitor Regulator Association (SRA) determinations resulting from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. For information Pre 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The regulator could recorded telephone calls for training requirements.
Two months into buying a residence in Greenfield. Conveyancing lawyer has called to say the property is "Leasehold". Should this make a difference on the salability of the property?
Greenfield conveyancing does not usually involve leasehold houses. The main consideration here is the remaining lease term and the ground rent. If there are hundred of years years remaining with a nominal rent, it's almost the same as freehold, so it shouldn't impact the value too much.
On the flip side, if it's, say, fifty five years it will have a significant impact on the value, and probably wouldn't be acceptable to the bank. The remaining lease term and ground rent will be set out in the lease provided to your lawyer.