The East London conveyancing firm handling our East London conveyancing has identified an inconsistency between the information in the home valuation survey and what is revealed within the conveyancing documents. My lawyer informs me that he is duty bound to check that the lender is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action right?
Your conveyancer 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 both parties.
At what point can the exchange of contracts take place for residential conveyancing in East London and am I required to attend the conveyancers branch?
If you are local to our conveyancing solicitors in East London you are invited in to sign documents. That being said, the firms we work with offer a nationwide conveyancing service and give just as detailed and professional a job for you when dealing with you digitally. The signing of the contract is not when everything is set in stone. A signed contract is necessary for the conveyancer to officially exchange when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in East London)to be in the office at the appropriate time.
The East London conveyancing lawyers that I appointed last week on my house acquisition in East London have without warning closed. They were on acting for me because I had to have a firm on the Aldermore conveyancing panel and my preferred East London lawyer was not. I gave my credit card details for them to take £195 for searches. What do I do now?
Assuming that you have an Estate Agent in the equation then let them know immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Aldermore conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
I am looking to sell my house. My former lawyers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in East London if that makes things easier.
Please use our search tool to help you choose a solicitor for your conveyancing in East London. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Should I appoint a East London conveyancing solicitor in close proximity to the house I am buying? We have a good friend who can deal with the conveyancing however his firm is located a couple of hundredkilometers drive away.
The primary upside of using a local East London conveyancing firm is that you can visit the firm to execute documents, deliver your identification documents and apply pressure on them if necessary. Having local East London know how is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If you know people who instructed your friend and on the whole were content that should surpass using an unfamiliar East London conveyancing lawyer solely due to them being East London based.
My a dozen years ago. He has since got married, divorced and is now remarried. He will be selling the apartment next January. I think he will just be requested to provide a copy of his marriage certificates to the property lawyer but he is concerned it could frustrate the conveyancing. Should he appoint a conveyancer to update the title documents for the property?
The is no need to update the register on the basis that you have the evidence required to show how the change of name has come about.
The buyer’s conveyancing practitioner should examine the title details and request evidence by way of proof of the name change for instance marriage documentation.