Our Llay solicitor has spotted a difference when comparing the surveyor’s assumptions in the home valuation report and what is in the title deeds. My lawyer has advised that he needs to ensure that the lender is happy with this discrepancy and is still content to lend. Is my solicitor’s stance right?
Your conveyancing practitioner 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 both parties.
Can I use your services to find a Conveyancing solicitor in Llay even where I’m not buying or disposing of a house, for instance where I intend to buy a shop in Llay with a loan from Chelsea Building Society?
The service is primarily utilised to select domestic conveyancing solicitors in Llay but we have listed towards the bottom of this page some Llay commercial conveyancing firms. You should speak with the firm directly to see if they are also authorised to represent Chelsea Building Society
I have an AIP. The lender mentioned the mortgage came with free conveyancing. Is the implication that I have to use their panel conveyancer as I would much rather use a high street conveyancing solicitor in Llay?
Do check but the the probability is that appoint one of their panel conveyancers if you accept the "fee-free" offer. Speak to the bank and check if they allow a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor near Llay.
My relative advised me that if I am buying in Llay I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Llay conveyancing searches. It is not a small report of more than thirty pages, listing and detailing significant information about Llay around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Llay Education with maps and statistics, Local Amenities and other useful data about Llay.
I'm converting the mortgage on my primary house to a BTL loan with Norwich and Peterborough Building Society and I will use the rest of the raised equity as a down payment on further house. The neighborhood we are looking at is Llay. Will your conveyancers be able to act for both sets of banks and link together the transactions?
Make use of our comparison tool on this site to check that the conveyancers are approved by both lenders. On the basis that they are your lawyer will be able to simultaneously deal with the two transactions but you should talk with you solicitor and specify your desired outcome and needs.
In my capacity as executor for the estate of my father I am selling a house in Neath but I am based in Llay. My solicitor (based 250 kilometers awayhas requested that I sign a stat dec prior to completion. Can you recommend a conveyancing practitioner in Llay who can witness this legal document for me?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are located in Llay