My Lees conveyancer has discovered a discrepancy when comparing the assumptions in the home valuation survey and what is in the legal papers for the property. My lawyer says that he must check that the bank is OK with this discrepancy and is content to go ahead. Is my lawyer’s course or action legitimate?
Your lawyer 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.
We are intent on selling our home in Lees and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. A local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers used an online conveyancing outfit as opposed to a conveyancing solicitor in Lees. We have lived in Lees for 5 years we know that this is a non issue. Should we contact our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I am looking for a leasehold apartment up to £195,000 and found one near me in Lees I like with a park and transport links in the vicinity, the downside is that it only has 52 years on the lease. I can't really find anything else in Lees for this price, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the remaining unexpired lease term will likely be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
What tools are available to locate a Lees solicitor on the Aldermore conveyancing panel? I am a keen cyclist and am willing to travel upto 20miles to meet the lawyer.
Feel free to make use of the tool on this website. Please choose the lender and your location and you will see a number of Lees conveyancing lawyers locally. We have detailed some Lees conveyancing firms towards the end of this page and you can telephone them to check if they are on the Aldermore member panel
My father-in-law has recommend that I appoint his lawyers for conveyancing in Lees. Do I take his advice?
No doubt the best way to select a conveyancing practitioner is to seek feedback from friends or relatives who have actually used the conveyancer you're contemplating using.
Should I be worried if there is an issue with the searches conducted as part of my conveyancing in Lees?
Ordinarily, almost all concerns arising from Lees conveyancing search responses can be dealt with in advance of completion or title insurance may be put on cover. You need to note that regardless of the fact that you intend on acquiring the premises and may be willing to accept the search results, your lender may not, and ultimately they have the final say.