Our Lewes conveyancer has discovered a difference between the surveyor’s assumptions in the valuation report and what is revealed within the conveyancing documents. My lawyer has advised that he must ensure that the lender is OK with this discrepancy and is content to go ahead. Is my lawyer’s stance correct?
Your solicitor must comply with the UK Finance Lenders’ Handbook requirements 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 am buying a semi-detached house in Lewes. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Lewes you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Lewes.
Me and my partner are purchasing a house in Lewes. It might be a silly question but how we can trust a conveyancer? On the day of competition we will need to send funds into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
When it comes to lenders such as Aldermore, do Lewes solicitors face a fee to be on the list of approved solicitors?
We are unaware of any lender fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
I am currently in the process of buying my council flat in Lewes. I have a mortgage agreed with Kent Reliance. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Kent Reliance, you will need to appoint a solicitor on the Kent Reliance conveyancing panel.
I have todaybeen informed that Arc property Solicitors have been shut down. They carried out my conveyancing in Lewes for a purchase of a leasehold flat 18 months ago. How can I check that the property is registered correctly 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 Lewes conveyancing specialists.
I decided to have a survey done on a house in Lewes in advance of instructing conveyancers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some banks will not give a mortgage on a flying freehold home.
It depends who your proposed lender is. Santander has different requirements for example to Nationwide. If you e-mail us we can look into this 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 Lewes. Conveyancing will be smoother if you use a solicitor in Lewes especially if they are familiar with such properties in Lewes.
I am 17 days into a leasehold purchase having been referred to conveyancers by the local agent to handle our conveyancing in Lewes. I am not happy. Could you help me find new conveyancers?
A conveyancer would need to be very poor in order to consider replacing them. Has the mortgage been issued? If so you need to advise them of the new contact details and have the loan are re-sent. Your solicitor ideally needs to be on the banks panel to avoid supplemental charges and delays. That should be your starting point. The search tool should help you find a lender approved lawyer for your conveyancing in Lewes