Our Ashford conveyancer has discovered a difference between the surveyor’s assumptions in the home valuation report and what is revealed within the conveyancing documents. My lawyer says that he needs to ensure that the bank is OK with this discrepancy and is still content to lend. Is my conveyancer’s stance right?
Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook conditions 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.
As someone unfamiliar with the Ashford conveyancing process what’s the number one tip you can give me concerning the home moving process in Ashford
You may not hear this from too many lawyers but conveyancing in Ashford or throughout Surrey is an adversarial process. Put another way, when it comes to conveyancing there exists plenty of room for friction between you and other parties involved in the ownership transfer. For example, the vendor, property agent and on occasion your bank. Selecting a lawyer for your conveyancing in Ashford an important selection as your conveyancer is your adviser, and is the SOLE person in the transaction whose interest is to protect your legal interests and to keep you safe.
On occasion a third party with a vested interest may try and convince you that you should follow their advice. For example, the selling agent may claim to be helping by suggesting your solicitor is slow. Or your mortgage broker may tell you to do take action that is contrary to your conveyancers guidance. You should always trust your lawyer above all other parties in the home moving process.
How can we tell if a Ashford conveyancing solicitor on the HSBC panel is any good?
When it comes to conveyancing in Ashford getting recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer conducting your conveyancing.
Clydesdale have agreed my home loan in principle, my bid on a apartment in Ashford has been agreed to, what are the next steps?
Your estate agent will need to know who your solicitors are (ensure that the conveyancing practitioners are on the lender’s panel). Call up Clydesdale or your broker and finish off any relevant paperwork. Clydesdale will sellect a valuer who will get in touch with the selling agent or owners to book an appointment. Once carried out (assuming no problems) it takes about ten days for the mortgage offer to be issued. Clydesdale will issue the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Ashford.
Our offer on a semi in Ashford has been accepted, but there is a chain. The vendors have offered on on an apartment, however it’s not yet tied up, and are looking at other flats booked. I have chosen a high street conveyancing solicitor in Ashford. What should be my next step? At what stage do I apply for the mortgage with Kent Reliance?
It is understandable to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then survey, Ashford conveyancing search charges, etc). The first thing to do is ensure that your solicitor is on the Kent Reliance approved list. Concerning the next phase this very much dictated by the uniqueness of your case, motivation for this property and on the state of the market. During a buoyant market some purchasers would apply for a home loan with Kent Reliance and arrange for the valuation and only if it was satisfactory would they request their property lawyer to proceed with searches.
I'm remortgaging my existing house to a BTL loan with Accord Mortgages Ltd and I will use the rest of the raised equity as a down payment on another property. The neighborhood we are interested in is Ashford. Will your conveyancers be able to act for the two mortgage companies and link together the conveyances?
Do use our search tool on this site to be sure that the solicitors are approved by both banks. Assuming that they are your conveyancer should be able to tie up the two deals but you should have a chat with you conveyancer and communicate your desired outcome and needs.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Ashford. I have stumble upon a web site which seems to have the perfect offering If there is a chance to get all formalities done via email that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Do online conveyancing organisations do everything a high street Ashford solicitor does or do I still need to use a solicitor for the final stages for my conveyancing in Ashford?
If you instruct an online conveyancer they should undertake all the tasks your Ashford solicitor will cover.