My Eccles lawyer has discovered a discrepancy between the surveyor’s assumptions in the home valuation survey and what is revealed within the conveyancing documents. My solicitor says that he must ensure that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s approach appropriate?
Your conveyancer must comply with the UK Finance Lenders’ Handbook requirements 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.
Do lawyers request money on account for my conveyancing in Eccles?
Where you are retaining lawyers for conveyancing in Eccles your solicitor will request that you to provide them with monies to cover the search fees. Ordinarily this is asked for to cover the fees of the conveyancing searches. When the deposit is as part of the purchase price then this should be required shortly prior to contracts are exchanged. Any further balance that is needed should be transferred a few days prior to the day of completion.
I require expedited conveyancing in Eccles as I am faced with pressure to complete inside one month. A home loan is not required. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are are a cash buyer you are at liberty not to have searches conducted although no solicitor would recommend that you don't. With lots of history conveyancing in Eccles the following are examples of issues that can be revealed and adversely affect the marketability of the property: Refused Planning Applications, Overdue Charges, Outstanding Grants, Road Schemes,...
Are there restrictive covenants that are commonly identified during conveyancing in Eccles?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Eccles. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the encouragement of my in-laws I had a survey completed on a house in Eccles in advance of retaining conveyancers. I have been informed that there is a flying freehold aspect to the house. Our surveyor advised that some banks will refuse to grant a mortgage on such a home.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Eccles. Conveyancing will be smoother if you use a solicitor in Eccles especially if they are accustomed to such properties in Eccles.
Is it possible to swap firm as I have to instruct one who is on the Platform Home Loans Ltd conveyancing panel. I instructed a family conveyancing solicitor in Eccles round the corner but she is not approved by Platform Home Loans Ltd
We will our best to assist in finding you a conveyancing solicitor in Eccles on the Platform Home Loans Ltd panel. Please note that the conveyancers that we on the directory do not pay us fee if you instruct them and are regulated by the SRA who oversee all conveyancing solicitors in Eccles. Using search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Eccles.