My Highnam lawyer has identified a difference when comparing the information in the valuation report and what is in the title deeds. My lawyer informs me that he is duty bound to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my lawyer’s stance right?
Your solicitor must comply with the UK Finance Lenders’ Handbook conditions 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.
Completed the sale of my flat in Highnam last March but our buyer keeps SMS messaging me complaining that his solicitor is waiting to hear from mine. What should have happened following completion?
After completion of your disposal your solicitor should forward the transfer deeds and all additional paperwork to the buyer’s lawyers. Depending on the transaction, your conveyancer should also evidence that the mortgage has been repaid to the purchasers solicitors. There is unlikely to be post completion requirements specific conveyancing in Highnam.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Highnam. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 11/4/2025, the requirements read as follows :
We're FTB’s - agreed a price, but the agent has warned us that the vendor will only proceed if we use their chosen lawyers as they need a ‘quick sale’. My instinct tells me that we should use a high street conveyancer with experience of conveyancing in Highnam
It is unlikely the owners are driving this. Should the seller want ‘a quick sale', taking such a hostile approach to a genuine purchaser is going to damage their objectives. Contact the owners directly and make sure they understand (a)you are genuine purchasers (b)you are ready to go, with finances in place © you are chain free (d) you intend to proceed fast (e)however you intend to appoint your preferred Highnam conveyancing firm - as opposed tothose that will give their estate agent a kickback or meet his conveyancing thresholds set by HQ.
In relation to leasehold conveyancing in Highnam what are the most common lease problems?
Leasehold conveyancing in Highnam is not unique. Most leases are individual and drafting errors can result in certain sections are wrong. The following missing provisions could result in a defective lease:
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A provision for the recovery of money spent for the benefit of another party.
A defective lease can cause issues when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. Halifax, Leeds Building Society, and Aldermore all have very detailed conveyancing instructions when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to provide security, forcing the purchaser to pull out.
Highnam Leasehold Conveyancing - A selection of Queries Prior to buying
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Best to be warned whether window replacement or some other significant cost is pending that will be shared amongst the leaseholders and may well dramatically impact the level of the maintenance fees or result in a one off payment. The prefered form of lease arrangement is where the freehold title is owned by the leaseholders. In this arrangement the leaseholders enjoy control and although a managing agent is often retained where it is larger than a house conversion, the managing agent acts for the leaseholders themselves. What is the the remaining lease term?
I am seeking to purchase a repression house in Highnam and the vendor would like to complete within 28 days. Do property lawyers complete in this timeframe? Would it be better to use a local Highnam firm or an online firm that professes to offer speedy conveyancing?
Attend your Highnam shopping parade. Pop in to a couple of companies and ask to see a conveyancing solicitor for a quote. Set out your situation and try and obtain a commitment on speed. Select the firm that comes across as most trustworthy. Make sure to select a solicitor on the panel of conveyancers acceptable to your bank.