My Highworth conveyancer has spotted a difference when comparing the information in the home valuation report and what is revealed within the conveyancing documents. My lawyer says that he is obliged to ensure that the lender is OK with this discrepancy and is still content to lend. Is my solicitor’s stance right?
Your solicitor 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 both parties.
Can your site be used to recommend a Conveyancing solicitor in Highworth even where I’m not buying or selling a house, for instance where I wish to buy an office in Highworth with a mortgage from Lloyds TSB Bank?
Our search tool is predominantly utilised to get a quote from residential conveyancing solicitors in Highworth but we have listed at the bottom of this page some Highworth commercial conveyancing firms. You should enquire with the solicitors directly to see if they can also act for Lloyds TSB Bank
I have justbeen informed that Action Conveyancing have been shut down. They carried out my conveyancing in Highworth for a purchase of a leasehold apartment 12 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The quickest method to check if the property is registered to you, you can carry out 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 Highworth conveyancing specialists.
Due to the input of my in-laws I had a survey completed on a property in Highworth ahead of retaining lawyers. I have been told that there is a flying freehold overhang to the property. The surveyor has said that some lenders may not give a mortgage on this type of premises.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Highworth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Highworth to see if the conveyancing costs will increase in light of this.
Estate agents have just been given the go-ahead to market my ground floor flat in Highworth. Conveyancing lawyers have not yet been instructed, however I have recently received a quarterly service charge demand – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should discharge the invoice as you normally would given that all ground rent and maintenance charges will be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Highworth Conveyancing for Leasehold Flats - A selection of Questions you should ask Prior to Purchasing
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What prohibitions are there in the Highworth Lease? This information is important as a) areas can cause problems for the building as the communal areas may begin to deteriorate if services remain unpaid b) if the leasehold owners have an issue with the managing agents you will want to have complete disclosure What is the name of the managing agents?
I'm remortgaging a apartment in Highworth. I can find my conveyancer's company on the Law Society's list, but I can't see my conveyancer's name on the list. Should I be concerned?
Not all staff in the law firm must be listed by the regulator. As long there is someone qualified to 'oversee' the transaction, the actual day-to-day activity can be undertaken by unqualified staff.