Is the fact that my conveyancer in Woodford is not on my lender's conveyancing panel that there is a problem with the quality of her conveyancing?
That is more than likely an incorrect assumption to make. There are plenty of plausible explanations. A recent report by the solicitors regulator indicated 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. Where you are concerned you should simply call the Woodford conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
Will conveyancers request money up-front when it comes to conveyancing in Woodford?
Where you are retaining lawyers for conveyancing in Woodford your lawyer will request that you to provide them with monies to cover the search fees. Generally this is asked for to cover the fees of the conveyancing searches. When the down payment is as part of the sale price then this should be required immediately before exchange of contracts. Any further balance that is due will be payable shortly before completion.
We are purchasing a house and the conveyancer has raised the issue of Chancel Repair for which the house could be obligated to contribute to because it falls into the area of such a church. She has mentioned insurance. Is this strictly required for conveyancing in Woodford
Unless a prior purchase of the house completed after 12 October 2013 you may assume that lawyers conducting conveyancing in Woodford to remain encouraging a chancel search and or insurance against a claim.
I have recentlybeen informed that Wolstenholmes have closed. They carried out my conveyancing in Woodford for a purchase of a freehold house 12 months ago. How can I check that my home is in my name in the name of the previous owner?
The quickest way to see if the property is registered to you, you can carry out 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 Woodford conveyancing specialists.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. Woodford is where the house is located. Can you offer any assistance?
Flying freeholds in Woodford are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Woodford you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Woodford may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.