Am I correct in assuming that the fact that my solicitor in Ditchling is not identified on my lender's solicitor panel that there is a problem with the quality of her conveyancing?
That is most likely a wrong assumption to make. There are plenty of reasonable explanations. Just recently a report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (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. Should you be concerned you should simply call the Ditchling conveyancing practice and enquire why they are no longer on the approved list for your lender.
How does conveyancing in Ditchling differ for newly converted properties?
Most buyers of new build residence in Ditchling come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is completed. This is because new home sellers in Ditchling typically buy the land, 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 Ditchling or who has acted in the same development.
Due to the guidance of my in-laws I had a survey completed on a property in Ditchling ahead of instructing lawyers. I have been told that there is a flying freehold element to the property. The surveyor advised that some mortgage companies tend not give a loan on a flying freehold property.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. If you e-mail us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Ditchling. Conveyancing will be smoother if you use a solicitor in Ditchling especially if they are familiar with such properties in Ditchling.
What does commercial conveyancing in Ditchling cover?
Commercial conveyancing in Ditchling incorporates a wide array of guidance, offered by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
I am four weeks into a freehold purchase having been recommend to solicitors by the estate agent to handle our conveyancing in Ditchling. I am not happy. Could you help me find new lawyers?
They would have to be really poor in order to consider replacing them. Has the loan offer been issued? If so you must inform them of the new contact details and ensure the mortgage documents are issued to the new lawyers. Your conveyancer needs to be on the mortgage company panel to avoid added costs and frustration. That should be your first question of the new conveyancers. Our search tool can help you find a bank approved solicitor for your conveyancing in Ditchling