The Herne Hill conveyancing firm handling our Herne Hill conveyancing has uncovered a difference when comparing the surveyor’s assumptions in the home valuation report and what is in the title deeds. My solicitor has advised that he is duty bound to ensure that the lender is OK with this discrepancy and is content to go ahead. Is my lawyer’s approach legitimate?
Your solicitor 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.
Completed the sale of my flat in Herne Hill last December but our buyer keeps SMS messaging every few hours complaining that their conveyancer is waiting to hear from myconveyancer. What are the post completion sale legalities now that I have sold?
Following your sale your lawyer is duty bound to send the transfer documentation and all additional paperwork to the purchaser's lawyers. If applicable, your conveyancer must also send confirmation that the home loan has been discharged to the buyers solicitors. There are no post completion procedures unique to conveyancing in Herne Hill.
I have todayfound out that Arc property Solicitors have closed. They conducted my conveyancing in Herne Hill for a purchase of a freehold house 9 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The easiest way to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Herne Hill conveyancing specialists.
I have been on the look out for a leasehold apartment up to £195,000 and found one near me in Herne Hill I like with open areas and railway links nearby, however it only has 61 years unexpired on the lease. I can't really find anything else in Herne Hill suitable, so just wondered if I would be making a grave error acquiring a short lease?
If you need a home loan the remaining unexpired lease term will be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.
My husband and I are 18 days into a leasehold purchase having been recommend to a firm by the selling agent to perform conveyancing in Herne Hill. I am am very disappointed with the quality of service. Could you you assist me in finding new lawyers?
They would have to be really poor in order to consider diss instructing them. Has the loan offer been generated? If so you must inform them of the replacement solicitor and get the loan are re-issued. Your conveyancer should be on the lenders panel to avoid escalating costs and delays. That should be your first question of the new conveyancers. Our find a solicitor tool will assist you in finding a bank approved conveyancer for your conveyancing in Herne Hill
Me and my partner are buying a leasehold apartment in Herne Hill. Conveyancing quotes are averaging around £1800. Is that in the right ballpark?
The average cost last year for conveyancing in Herne Hill was just under one thousand five hundred pounds not including SDLT and HMLR charges.