My North Kensington solicitor has uncovered a difference when comparing the assumptions in the valuation report and what is in the conveyancing documents. My lawyer informs me that he must ensure that the lender is happy with this discrepancy and is still content to lend. Is my lawyer’s approach appropriate?
Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions 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.
Finally the sale completed on my house in North Kensington last April yet the purchaser is whats apping daily complaining that his solicitor is waiting to hear from mine. What are the post completion sale legalities now that I have sold?
After completion of your house sale your lawyer should deliver the transfer documentation and all additional paperwork to the buyer’s lawyers. Where relevant, your lawyer must also confirm that the home loan has been redeemed to the buyers solicitors. There is unlikely to be post completion steps peculiar conveyancing in North Kensington.
I am looking to buy a house and require a conveyancing solicitor in North Kensington who is on the TSB conveyancing. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for TSB in certain locations such as North Kensington. We dont recommend any particular firm.
About to purchase a new build apartment in North Kensington. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in North Kensington
-
Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
Due to the guidance of my in-laws I had a survey completed on a house in North Kensington ahead of instructing conveyancers. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some lenders may not issue a mortgage on a flying freehold premises.
It varies from the lender to lender. HSBC has different instructions for example to Nationwide. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in North Kensington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in North Kensington to see if the conveyancing costs will increase in light of this.
As co-executor for the estate of my uncle I am selling a property in Cardiff but I am based in North Kensington. My lawyer (who is 200 miles awayneeds me to execute a statutory declaration before completion. Could you suggest a conveyancing practitioner in North Kensington who can witness and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are North Kensington based