My Bawtry lawyer has uncovered an inconsistency between the surveyor’s assumptions in the home valuation report and what is in the legal papers for the property. My solicitor says that he is obliged to ensure that the lender is happy with this discrepancy and is still content to lend. Is my lawyer’s stance appropriate?
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 both parties.
Is it necessary during the course of the conveyancing process to pop into the offices of the solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Bawtry so that I can pop in to their offices if required.
Nowadays approved lawyers for lenders carry out all of the communications via the post, e-mail or over phone calls. This enables them to conduct the legal work for your home move no matter where you live in England or Wales. Nevertheless you can check if you have the option of attending the offices of your conveyancing lawyer if needed.
I am helping my step-mother sell her property in Bawtry. Does the conveyancing solicitor commission an EPC or do I organise this?
Following the demise of Home Packs, energy assessments was left as a compulsory part of moving house. An EPC needs to be to hand in advance of the property being marketed. This is not a task that lawyers ordinarily organise. If you are using a Bawtry conveyancing solicitor they might be willing to arrange EPC’s given their contacts with long established local energy assessors
I have today made my last payment due on my mortgage with Nottingham. I assume I don't need a Bawtry solicitor on the Nottingham panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nottingham mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nottingham mortgage from the register. Nottingham, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nottingham has sent the Land Registry the discharge electronically, and
- Nottingham has instructed the Land Registry to do so
I recently had an offer agreed on an apartment in Bawtry. My financial adviser pressured me to appoint their solicitor. I paid an on account payment of £175. Soon after, the conveyancing practitioner called me to say that they were not on the Lloyds conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Lloyds panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
We are selling our property in Bawtry and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the buyers are using a factory type conveyancing practice rather than a conveyancing solicitor in Bawtry. Having lived in Bawtry for many years we know of no issue. Do we get in touch with our local Authority to obtain confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor currently acting for you. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
My husband and I are novice buyers - agreed a price, yet the agent informed us that the seller will only proceed if we instruct the agent's preferred solicitors as they are insisting on a ‘quick sale’. Our preferred option is to instruct a local conveyancer with experience of conveyancing in Bawtry
We suspect that the seller is not behind this demand. Should the owner require ‘a quick sale', turning down a motivated purchaser is counter productive. Try to communicate with the vendors directly and make sure they understand (a)you are genuine buyers (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you intend to instruct your own,trusted Bawtry conveyancing lawyers - not the ones that will earn the negotiator at the agency a kickback or meet his conveyancing thresholds pre-set by head office.
I pay a service charge for my property in Bawtry. As a result of poor financial planning I fell behind with payments. The management company agreed a settlement plan but there remains a couple of currently outstanding.
I now wish to dispose of the property and I am concerned this may jeopardize the sale if I have to pay off the amount due now. Do I have to settle before - is this viable?
Do clarify with the solicitor conducting your Bawtry conveyancing but one option may be to agree for the debt to be passed to the buyers. The final price payable would be reduced to reflect the amount of debt they assume. They could then deal with the outstanding monies once they are the owners.