The Sidmouth conveyancing firm handling our Sidmouth conveyancing has identified a discrepancy when comparing the information in the home valuation survey and what is revealed within the title deeds. My solicitor says that he is obliged to ensure that the bank is happy with this discrepancy and is content to go ahead. Is my solicitor’s approach appropriate?
Your 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.
Me and my partner are purchasing a apartment in Sidmouth. I might seem paranoid but how we can trust a lawyer? On completion day we have to put our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I have paid off my mortgage with UBS. I assume I don't need a Sidmouth conveyancer on the UBS panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your UBS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the UBS mortgage from the register. UBS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where UBS has sent the Land Registry the discharge electronically, and
- UBS has instructed the Land Registry to do so
I was told three weeks ago that my mortgage has been agreed to by Nottingham. Is it usual for Nottingham to only issue the offer once my solicitor in Sidmouth is approved on their conveyancing panel? Nottingham have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.
I need some expedited conveyancing in Sidmouth as I am under a deadline to complete in less than 2 weeks. A mortgage is not required. Can I decline from having conveyancing searches to save money and time?
As you are are a cash buyer you have the choice not to have searches carried out although no conveyancer would suggest that you don't. Drawing on our experience of conveyancing in Sidmouth the following are instances of issues that can appear and therefore affect future saleability: Enforcement Actions, Outstanding Fees, Outstanding Grants, Road Schemes,...
Due to the guidance of my in-laws I had a survey completed on a house in Sidmouth ahead of retaining solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies will not give a loan on a flying freehold house.
It varies from the lender to lender. HSBC has different requirements for example to Birmingham Midshires. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Sidmouth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Sidmouth to see if the conveyancing costs will increase in light of this.
Is it possible to switch firm as I have to appoint one who is on the Chelsea Building Society conveyancing panel. I had appointed a family conveyancing solicitor in Sidmouth five minutes from me but the firm is not approved by Chelsea Building Society
It would be our pleasure to help you select a conveyancing solicitor in Sidmouth on the Chelsea Building Society panel. Please note that the property lawyers that we on the directory do not pay us commission if you instruct them and are authorised and regulated by the SRA who oversee all conveyancing solicitors in Sidmouth. In making use of the find a conveyancing solicitor tool on this site, you can contrast fees for conveyancing solicitors in Sidmouth and throughout England and Wales.
I am a couple of weeks into a residential purchase having been recommend to conveyancers by the local agent to do our conveyancing in Sidmouth. I am not happy. Can you help me find new solicitors?
A lawyer would have to be very poor in order to consider diss instructing them. Has the mortgage been sent? In the event that it has you will need to advise them of the new contact details and ensure the mortgage documents are re-sent. Your new solicitor ideally needs to be on the banks approved list to avoid supplemental costs and delays. So that should be your first question of the new lawyers. Our find a solicitor tool can help you find a lender approved conveyancer for your home move in Sidmouth