My Kinver conveyancer has uncovered an inconsistency between the surveyor’s assumptions in the valuation survey and what is revealed within the title deeds. My lawyer says that he needs to ensure that the bank is OK with this discrepancy and is still content to lend. Is my conveyancer’s course or action correct?
Your conveyancer 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 you.
I have justfound out that Stirling Law have been shut down. They carried out my conveyancing in Kinver for a purchase of a freehold house 9 months ago. How can I check that the property is not still registered in the name of the previous owner?
The quickest way to check if the property is in your name, 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 Kinver conveyancing specialists.
Just had an offer accepted on a new build flat in Kinver. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Kinver
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are surveyor prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I decided to have a survey completed on a property in Kinver prior to appointing solicitors. I have been told that there is a flying freehold aspect to the property. The surveyor has said that some lenders tend not give a mortgage on such a house.
It varies from the lender to lender. HSBC has different requirements for example to Nationwide. If you contact us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Kinver. Conveyancing will be smoother if you use a solicitor in Kinver especially if they regularly deal with such properties in Kinver.
What does commercial conveyancing in Kinver cover?
Kinver conveyancing for business premises incorporates a broad range of advice, provided by regulated solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
Me and my husband have recently had an offer accepted on our first house in Kinver, and need to get solicitors instructed. I have used the different rating based websites and the quotes are from all over the the UK. Is it necessary to have a Kinver solicitor local to our potential property? We are content to do everything over the web, but I assume at some point we will be required to physically go into the conveyancing practitioner's office to sign contracts?
There is no requirement to physically visit the office of your solicitor, they can post any relevant documents to you, which you can sign and return. Many buyers and sellers prefer to use a locally based solicitor, but it's by no means a prerequisite for conveyancing in Kinver.