We are due to complete on the purchase of a property in Longhope but as a consequence of wreckage from the recent storms I have managed to agree reparation from the vendor of six thousand pounds in the form of a deduction in the price. I had intended this to be addressed as part of amending the contract but Principality will not permit this. Should they have been approached?
The solicitor that is on the Principality conveyancing panel is required to inform Principality of any amendments to the purchase price. If you were to refuse your property lawyer to report the reduction to Principality then they would have to discontinue acting for you. In addition, Principality and you would have to appoint a new conveyancer for your conveyancing in Longhope.
Do conveyancers ask for money on account for conveyancing in Longhope?
Where you are retaining lawyers for conveyancing in Longhope your lawyer will ask you put them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any deposit is payable against the purchase price then this will be required shortly before exchange of contracts. The closing balance that is due will be payable a couple of days ahead of the day of completion.
We are getting a further advance on our home loan from Lloyds as we intend to conduct renovations to our house in Longhope. Are we obliged to appoint a bricks and mortar Longhope solicitor on the Lloyds conveyancing panel to handle the paperwork?
Lloyds don't usually appoint firms on their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Lloyds panel.
I am currently in the process of buying my council flat in Longhope. I have a mortgage agreed with Principality. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have 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 Principality, you will need to appoint a solicitor on the Principality conveyancing panel.
Completion of my purchase has taken place for my property in Longhope. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I am close to exchanging contracts on the sale of our house in Longhope and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any local lawyer would know this is not the case. It does beg the question why the purchasers are using a nationwide conveyancing firm rather than a conveyancing solicitor in Longhope. Having lived in Longhope for many years we know of no issue. Should we contact our local Authority to get confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. What do they say? 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 health insurance to cover that same ailment)
I used Arc property Solicitors several years ago for my conveyancing in Longhope. I now require my file however the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Longhope of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I decided to have a survey done on a house in Longhope prior to instructing solicitors. I have been informed that there is a flying freehold overhang to the house. Our surveyor advised that some lenders tend refuse to give a loan on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Longhope. Conveyancing may be slightly more expensive based on your lender's requirements.