My Hulme solicitor has spotted a discrepancy between the surveyor’s assumptions in the home valuation report and what is in the title deeds. My lawyer informs me that he needs to check that the lender is OK with this discrepancy and is content to go ahead. Is my solicitor’s stance appropriate?
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.
I had intended to instruct a property lawyer in Hulme for our house move. Our broker informed us that our mortgage company TSB won't deal with them. Why is this not regarded as unfair competition?
Pre- 2008 most banks had a different appetite for risk. Almost all Hulme conveyancing firms would have been on most lender panels. The Financial Services Authority in 2010 conducted a thematic review into mortgage fraud which concluded: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more data from law firms relating to their operations and their employees and establishing certain criteria such a completing on a minimum amount of transactions. Many Hulme conveyancing firms that have been excluded from lender panels have a 100% healthy track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Hulme is amongst the thousands of areas where the solicitors showing on our search results are on the panel for TSB.
I need some quick conveyancing in Hulme as I am under an ultimatum to sign on the dotted line in less than 3 weeks. Thankfully I do not require a mortgage. Can I avoid the conveyancing searches to save money and time?
As you are are a mortgage free purchaser you have the choice not to do searches although no conveyancer would recommend that you don't. Drawing on our experience of conveyancing in Hulme the following are instances of what can be revealed and adversely affect future saleability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Road Schemes,...
Are there restrictive covenants that are commonly identified during conveyancing in Hulme?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Hulme. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How can the Landlord & Tenant Act 1954 affect my commercial offices in Hulme and how can you help?
The particular law that you refer to gives security of tenure to commercial lessees, granting the dueness to apply to court for a new lease and continue in occupation when the lease comes to an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act for protection and assist with commercial conveyancing in Hulme
How much experience do your Hulme conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Hulme conveyancing lawyers help thousands of people move home every year and helped plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Hulme conveyancers have worked on recent similar cases.