My Sevenoaks conveyancer has spotted a difference when comparing the surveyor’s assumptions in the valuation report and what is revealed within the title deeds. My solicitor says that he must ensure that the bank is OK with this discrepancy and is content to go ahead. Is my lawyer’s course or action legitimate?
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 you.
Do the Building Society Association intend to launch a online directory to to identify law firms on the Earl Shilton BS conveyancing panel for instance in Sevenoaks?
We would not expect to be advised of any plans on the part of the BSA to develop such a tool.
Will commercial conveyancing searches disclose planned roadworks that may affect a commercial property in Sevenoaks?
Its becoming the norm that commercial conveyancing solicitors in Sevenoaks will execute a SiteSolutions Highways report as it reduces the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Sevenoaks. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Sevenoaks.
For each commercial conveyancing transaction in Sevenoaks it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could cause delays to Sevenoaks commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Sevenoaks.
Are there restrictive covenants that are commonly picked up during conveyancing in Sevenoaks?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Sevenoaks. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Sevenoaks differ for newly converted properties?
Most buyers of new build property in Sevenoaks come to us having been asked by the builder to exchange contracts and commit to the purchase even before the property is constructed. This is because developers in Sevenoaks tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Sevenoaks or who has acted in the same development.
My mum and dad are having problems in finding their Sevenoaks property on the HMLR website. They recall that back in the 60’s when they acquired the house there were complications with Sevenoaks not being identified on some systems.
Nearly all premises in Sevenoaks should be revealed. Have you tried a search to simply the postcode. Ordinarily it will mention all the residences inside the postcode. Assuming the property is registered it will show up with a title number. Where they bought sixty years ago it's conceivable it may be not yet registered. The property could still be revealed but with the title number shown 'na'. In this scenario you will need to find the original title documentation which may be with your parent’s lender.