The Hayling Island conveyancing firm handling our Hayling Island conveyancing has identified a discrepancy between the surveyor’s assumptions in the home valuation survey and what is in the legal papers for the property. My lawyer has advised that he needs to ensure that the lender is happy with this discrepancy and is content to go ahead. Is my lawyer’s approach appropriate?
Your property lawyer 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 you.
We see that you have a search directory identifying law firms on the TSB conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Hayling Island?
We are a listing service only for law firms wishing to communicate if they are on the TSB conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hayling Island.
Have completed on a a detached house in Hayling Island , how long should it take for the Land Registry to record the transfer to my name? My Hayling Island conveyancing solicitor has been painfully slow, so I want to be sure that my purchase is recorded.
As far as conveyancing in Hayling Island is concerned, registration is no faster or slower than the rest of England and Wales. As opposed to being determined by geographic area, timescales can differ subject to who lodges the application, whether there are errors and whether the Land registry communicate with any other persons or bodies. Currently roughly 80% of submission are fully addressed in less than three weeks but some can be subject to longer hold-ups. Historically registration occurs once the buyer has moved in to the premises therefore an expedited registration is not usually primary concern yet where it is urgent that the the registration takes place urgently then you or your lawyers could communicate with the Registry to express the reasoning for an expedited registration.
I'm buying my first flat in Hayling Island with a mortgage from Barclays . The sellers refused to budge the amount so I negotiated 6k of fixtures and fittings instead. The estate agent suggested that I not disclose to my solicitor about this deal as it could adversely affect my mortgage with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Over the last few months I have been searching for a flat up to £245,000 and found one round the corner in Hayling Island I like with amenity areas and station in the vicinity, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Hayling Island suitable, so just wondered if I would be making a mistake buying a short lease?
Should you need a home loan the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
As co-executor for the estate of my uncle I am selling a property in Swansea but live in Hayling Island. My solicitor (approximately 200 kilometers from merequires that I sign a stat dec ahead of completion. Can you recommend a conveyancing solicitor in Hayling Island to attest this legal document for me?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are Hayling Island based