My Godmanchester conveyancer has discovered an inconsistency when comparing the surveyor’s assumptions in the home valuation report and what is revealed within the title deeds. My solicitor informs me that he needs to ensure that the bank is OK 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 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 you.
Having invested time scouring moneysavingexpert.com for a cheap lawyer in Godmanchester, many advise that I should use a CQS kitemarked solicitor. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in home moving process, trusted by some of the UK's leading banks. Four years ago the Conveyancing Quality Scheme was officially recognised by the Legal Ombudsman. The scheme does not cover licenced conveyancers. Godmanchester is one of the many areas in England and Wales where there are Accredited lawyers.
What is the difference between a licensed conveyancer and conveyancing solicitor in Godmanchester
There are two types of lawyers who can execute conveyancing in Godmanchester namely licenced conveyancers or solicitors. Both professionals handle the legal services that you need to complete the sale or acquisition of property. Both are obliged to carry out Godmanchester conveyancing on similar standards and guidelines so you may be sure that your conveyancing will be properly administered and that all necessary steps should be correctly attended to.
I am helping my mother sell her house in Godmanchester. Will the conveyancer commission an energy assessment or do I organise this?
Following the demise of HIPs, EPC’s was kept a required element of moving house. An energy performance certificate needs to be to hand before the property is marketed. It is not as aspect of the sale process that conveyancers normally arrange. Where you are instructing a Godmanchester conveyancing solicitor they might be able to arrange energy assessments due to their relationships with long established local assessors
We have agreed to purchase a house in Godmanchester. One unusual aspect is that the roof has a solar panel. Lloyds have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Lloyds your lawyer must comply with the formal requirements set out in Section 2 of UK Finance Lenders’ Handbook for Lloyds. The CML Handbook includes minimum requirements for solar panel roof-space leases, and property lawyers are required to report to Lloyds where a lease fails to comply with these specifications. The requirements relate to the installation of panels on properties nationwide and is not isolated to Godmanchester.
I am purchasing a property and the solicitor has mentioned Chancel Repair to which the house could be obligated to pay as it falls into the area of such a church. He has suggested insurance. Is this really required for conveyancing in Godmanchester
Unless a prior purchase of the property took place after 12 October 2013 you may assume that conveyancing practitioners handling conveyancing in Godmanchester to remain recommending a chancel search and or chancel repair liability insurance.
About to purchase a new build apartment in Godmanchester. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Godmanchester
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please confirm the Lease plans are architect prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what should have been a simple, chain free conveyancing. Godmanchester is the location of the property. Is there any advice you can impart?
Flying freeholds in Godmanchester are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Godmanchester you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Godmanchester may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.