Am I correct in assuming that the fact that my solicitor in Malpas is not identified on my lender's solicitor panel that there is a problem with the standard of his work?
It would be unwise to jump to that conclusion. There are all sorts of perfectly plausible explanations. Just recently a 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. Should you be concerned you should simply call the Malpas conveyancing firm and enquire why they are no longer on the approved list for your mortgage company.
We are purchasing a house and need a conveyancing solicitor in Malpas who is on the HSBC approved panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for HSBC . We don't recommend any particular firms conducting conveyancing in Malpas.
Do the Building Society Association intend to launch a search tool with a view to list firms on the Darlington Building Society conveyancing panel for example in Malpas?
We have not been informed any intention on the part of the BSA to promote such a search facility.
How does conveyancing in Malpas differ for newly converted properties?
Most buyers of new build premises in Malpas contact us having been asked by the developer to exchange contracts and commit to the purchase even before the property is completed. This is because builders in Malpas usually acquire 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 conveyancers 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 Malpas or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a property in Malpas prior to retaining lawyers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies tend not give a loan on this type of premises.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Malpas. Conveyancing may be slightly more expensive based on your lender's requirements.
Taking into account that I am about to part with £400,000 on a garden flat in Malpas I would like to talk to a lawyer about myconveyancing prior to instructing the firm. Is this something that you can arrange?
This is something that we recommend - we would be delighted to talk to you we do not take any clients on without you speaking to the solicitor who will be carrying out your conveyancing in Malpas.There is no ‘factory style conveyancing’ - every client is an important person, not a file number. The practices that we put you in touch with believe that the fees you are provided with for residential conveyancing in Malpas should be the figure that you are charged.