It has come to my attention via my broker that my Acton property lawyer is not on the bank Conveyancing panel. What can I do to be certain whether this is indeed the case?
The first thing you need to do is to call your Acton conveyancer. It is reasonable to expect your lawyer to notify you of the situation. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
My Acton solicitor has spotted a discrepancy when comparing the assumptions in the valuation survey and what is revealed within the conveyancing documents. My solicitor has advised that he is obliged to check that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action legitimate?
Your solicitor must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I had intended to instruct a conveyancing solicitor in Acton for our house purchase. Our financial adviser informed us that our bank Platform Home Loans Ltd won't deal with them. Surely this is unfair competition?
A bank will insist on an approved conveyancer act for it. You would be liable to meet the charges for this. Please make use of our tool to get a quote from a solicitor to conduct conveyancing in Acton on the Platform Home Loans Ltd member panel.
About to purchase a new build apartment in Acton. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Acton
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Due to the encouragement of my in-laws I had a survey completed on a property in Acton prior to appointing lawyers. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some mortgage companies may refuse to give a mortgage on such a premises.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Acton. Conveyancing may be slightly more expensive based on your lender's requirements.
I am thinking of appointing a conveyancing lawyer in Acton for my home move. Is it possible to review a solicitor's complaints history with the profession’s regulator?
One can see documented Solicitor Regulator Association (SRA) decisions arising from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA sometimes monitor telephone calls for training reasons.