My Hornsey Rise solicitor has discovered a difference when comparing the surveyor’s assumptions in the valuation report and what is in the legal papers for the property. My solicitor informs me that he is obliged to check that the bank is OK with this discrepancy and is still content to lend. Is my solicitor’s course or action right?
Your 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 both parties.
As someone unfamiliar with conveyancing in Hornsey Rise what’s the number one tip you can impart for the ownership transfer in Hornsey Rise
Not many law firms shout this from the rooftops but conveyancing in Hornsey Rise and elsewhere in England and Wales is often a confrontational process. In other words, when it comes to conveyancing there is lots of room for friction between you and others involved in the home moving process. For example, the seller, estate agent and on occasion your lender. Appointing a solicitor for your conveyancing in Hornsey Rise an important selection as your conveyancer is your adviser, and is the ONLY party in the transaction whose role it is to act in your legal interests and to keep you safe.
Every so often a third party with a vested interest will try and persuade you that you should follow their advice. For example, the estate agent may claim to be helping by claiming that your solicitor is slow. Or your financial adviser may advise you to do something that is contrary to your solicitors guidance. You should always trust your lawyer above all other parties in the conveyancing process.
My wife and I have recently appointed a conveyancing solicitor in Hornsey Rise. I need to find out if they are on the HSBC Bank approved list of lawyers. Can you or the lender confirm if they are on the panel?
The first thing you should do is contact your lawyer and ask them whether they are on the lender panel. Alternatively please get in touch with HSBC Bank who may be able to help.
It has been 2 months following my purchase conveyancing in Hornsey Rise completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Hoping to buy a property located in Hornsey Rise and I am already nervous. I couldn't find anything specific about Hornsey Rise. Conveyancing will be needed in due course but do you know about the Hornsey Rise area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Hornsey Rise. In the meantime here are some basic statistics that we found
My cousin has suggested that I use his lawyers for conveyancing in Hornsey Rise. Do I take his guidance?
No doubt the best way to select a conveyancing solicitor is to seek recommendations from friends or relatives who have actually previously instructed the solicitor that you are considering.