My Fetcham conveyancer has spotted an inconsistency between the information in the valuation report and what is in the conveyancing documents. My solicitor says that he is obliged to ensure that the bank is happy with this discrepancy and is content to go ahead. Is my solicitor’s stance right?
Your property lawyer 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.
Should our solicitor be raising enquiries regarding flooding as part of the conveyancing in Fetcham.
Flooding is a growing risk for conveyancers specialising in conveyancing in Fetcham. Some people will purchase a property in Fetcham, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, satisfactory insurance cover, or dispose of the property. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Conveyancers are not best placed to offer advice on flood risk, but there are a numerous checks that may be undertaken by the purchaser or by their solicitors which will give them a better appreciation of the risks in Fetcham. The conventional set of information given to a purchaser’s conveyancer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard question of the owner to discover if the property has suffered from flooding. If flooding has previously occurred and is not disclosed by the owner, then a purchaser may commence a legal claim for losses as a result of such an inaccurate reply. A purchaser’s lawyers may also carry out an enviro search. This will reveal if there is a recorded flood risk. If so, further investigations should be initiated.
About to purchase a new build apartment in Fetcham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Fetcham
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are surveyor prepared. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Is it possible to swap firm as I need to choose one who is on the Britannia conveyancing list. I was using a family conveyancing solicitor in Fetcham round the corner but the firm is not approved by Britannia
We will our best to assist in finding you a conveyancing solicitor in Fetcham on the Britannia panel. Please note that the property lawyers that we on the directory do not pay us commission if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Fetcham. Using search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Fetcham.
In scouring the internet for the term cheap conveyancing in Fetcham it brings up numerous solicitorslocally. With so much choice what is the best way to find the right solicitor for purchase transaction?
The best method of seeking a suitable conveyancer is through a trusted recommendation, so ask colleagues and those you trust who have purchased a property in Fetcham or a reputable estate agent or mortgage broker. Costs for conveyancing in Fetcham vary, so it's a good idea to secure at least three fee estimates from different conveyancers. Be sure to secure confirmation that the fees are fixed.
My aunt purchased her house in Fetcham in 2005. She has been married, divorced and is now married again. She intends to sell the property next moths. I think she will just be need to provide a copy of her marriage certificates to the conveyancer however she is concerned it will delay the house sale. Should she instruct a lawyer to update the title details for the house?
You are not required to update the register as long as you have the evidence required to show how the change of name resulted.
The purchaser’s conveyancing practitioner should check the registered information and ask for evidence to establish the name change for instance marriage certificates.