The Niton conveyancing firm handling our Niton conveyancing has identified an inconsistency between the information in the home valuation report and what is revealed within the legal papers for the property. My lawyer informs me that he is obliged to ensure that the lender is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action appropriate?
Your property 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 both parties.
We are looking to buy a house and require a conveyancing solicitor in Niton who is on the Lloyds approved panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds . We don't recommend any particular firms conducting conveyancing in Niton.
My property lawyer in Niton is not on the Skipton Building Society Solicitor Panel. Is it possible for me to retain my prefered solicitor even though they are excluded from the Skipton Building Society list of approved lawyers?
Your options are as follows:
- Carry on with your preferred Niton lawyers but Skipton Building Society will need to use a solicitor on their list of acceptable firms. This will inevitably rack up the overall legal fees as well as result in delays.
- Choose an alternative solicitor to to deal with the purchase, not forgetting to check they are on the Skipton Building Society panel
I am assisting my mother sell her property in Niton. Will the conveyancing solicitor commission the energy assessment or should I organise this?
After the abolition of HIPs, energy performance certificates was kept a mandatory component of selling a property. An EPC needs to be commissioned prior to the property being put on the market. This is not something that lawyers normally organise. Where you are instructing a Niton conveyancing lawyer they may be willing to arrange energy performance certificates due to their contacts with reputable Niton providers
I have decided to exercise my right to buy my property in Niton off the council. I have a mortgage offer with Aldermore. 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 Aldermore, you will need to appoint a solicitor on the Aldermore conveyancing panel.
The mortgage over my property is with Nationwide for my property in Niton. Conveyancing was finalised some time ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Nationwide?
You must advise Nationwide before renting your property as this is likely to be a breach of Nationwide’s mortgage conditions. It may be that Nationwide will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nationwide directly. You need not do this via a Nationwide conveyancing panel solicitor.
I have been told that property searches are a common reason for stalling in Niton conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of slowing down conveyancing in Niton.
The deeds to our property are lost. The lawyers who handled the conveyancing in Niton 4 years ago are no longer around. What are my next steps?
As long as the title is registered the information relating to your proprietorship will be retained by HMLR under a Title Number. It is easy to carry out a search at the Land Registry, find your property and obtain up to date copies of the Registered Entries for a small fee. If the title is Leasehold then the Land Registry will also normally hold a file copy of the Registered Lease and again, a copy can be obtained for twenty pounds.