Is the fact that my conveyancer in Fulford is not on my lender's solicitor panel that there is a problem with the standard of her work?
That would most likely be a wrong assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should contact the Fulford conveyancing firm and enquire why they are no longer on the approved list for your lender.
The Fulford conveyancing firm handling our Fulford conveyancing has discovered a discrepancy when comparing the information in the home valuation survey and what is in the legal papers for the property. My lawyer informs me that he is duty bound to check that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s approach appropriate?
Your conveyancer 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.
Do I need to pay for insurance to protect me from financial exposure to chancel repairs when purchasing a property in Fulford?
Unless a prior purchase of the property completed post 12 October 2013 you may assume that conveyancing practitioners conducting conveyancing in Fulford to continue to recommend a chancel search and or insurance against a claim.
I am selling my property. My previous solicitors closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Fulford if that makes things easier.
You should use our search tool to help you choose a solicitor for your conveyancing in Fulford. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I need to find a conveyancing solicitor for residential conveyancing in Fulford. I happened to chance upon a web site which seems to have the ideal answer If it is possible to get all formalities done via email that would be ideal. Should I 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?
Last May I purchased a leasehold flat in Fulford. Do I have any liability for service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Fulford Conveyancing for Leasehold Flats - Examples of Questions you should ask before buying
-
The answer will be important as a) areas can result in problems for the block as the communal areas may start to deteriorate if repairs remain unpaid b) if the leasehold owners have an issue with the managing agents you will wish to have all the details Be sure to investigate if the the lease contains any onerous restrictions in the lease. By way of example some leases prohibit pets being allowed in certain buildings in Fulford. If you like the flatin Fulford however your cat can’t move with you then you have a very difficult determination. Is the freehold owned collectively by the tenants?