My Arnos Grove solicitor has identified an inconsistency when comparing the information in the valuation survey and what is in the conveyancing documents. My solicitor says that he is duty bound to check that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action appropriate?
Your lawyer must comply with the UK Finance Lenders’ Handbook specifications 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.
Do the Building Society Association intend to launch a searchable register to list practices on the Melton Mowbray Building Society conveyancing panel for example in Arnos Grove?
Lexsure has not been advised of any plans on the part of the BSA to promote such a search facility.
I am selling my house. I had a double glazing fitted in February 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Bank of Ireland are being problematic. The Arnos Grove solicitor who is on the Bank of Ireland conveyancing panel is recommending indemnity insurance as a solution but Bank of Ireland are insisting on a building regulation certificate. Why do Bank of Ireland have a conveyancing panel if they don't accept advice from them?
It is probably the case that Bank of Ireland have referred the matter to their valuer. The reason why Bank of Ireland may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I was told two weeks ago that my mortgage has been agreed to by Barclays. Is it usual for Barclays to only issue the offer once my solicitor in Arnos Grove is approved on their conveyancing panel? Barclays have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Barclays to deal with your lawyer's application to be on the Barclays conveyancing panel. There's no guarantee that your solicitor will be accepted.
Kent Reliance have agreed my mortgage in principle, my offer on a house in Arnos Grove has been accepted, what happens next?
The property agent will wish to be informed of your conveyancer's details (ensure that the conveyancers are on the bank’s panel). Contact Kent Reliance or the broker and finish off any relevant paperwork. Kent Reliance will appoint a valuer who will get in contact with the selling agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes on average a week to get a mortgage offer. Kent Reliance will send the offer to you and your property lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Arnos Grove.
We are buying a property and the solicitor has mentioned Chancel Repair for which the property may be obligated to pay because it falls into the area of such a church. He has suggested insurance. Is this strictly necessary for conveyancing in Arnos Grove
Unless a prior purchase of the premises took place post 12 October 2013 you may take it that lawyers conducting conveyancing in Arnos Grove to continue to propose a a chancel search and or chancel repair liability policy.
I am looking to sell my property. My past lawyers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Arnos Grove if that affects matters.
Do use our search tool to help you choose a solicitor for your conveyancing in Arnos Grove. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I am in the process of purchasing my first home in Arnos Grove. Conveyancing practitioner has been appointed. The financial consultant suggested that a survey is not necessary as the house was only constructed 22 years ago.
You would be best advised to commission a Home Buyer's Report. As the premises was constructed more than a decade ago the property will not benefit from a warranty, so you would be well advised not to take a risk. For a property that age with no signs of problems a Home Buyer's report may be enough. The report should highlight any obvious issues and recommend additional investigation where appropriate. If there are any indications of problems obtain a full structural survey.