My South Woodford solicitor has discovered a discrepancy when comparing the assumptions in the valuation report and what is in the title deeds. My lawyer has advised that he needs to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my lawyer’s approach legitimate?
Your 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.
Do I have to visit the offices of the solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in South Woodford so that I can attend their offices if necessary.
Most conveyancing panel lawyers for banks conduct the vast majority of work through the post, internet or over phone calls. This means that they can undertake the conveyancing transaction no matter where you live in the country. However you should check if you can still book an appointment to visit conveyancing lawyer if just in case this is required.
I am planning to move home in June. Does my conveyancing solicitor call the removal company on the completion day. As an aside, can you suggest a removal company in South Woodford. Conveyancing firm was chosen prior to coming across this page.
On the day of completion you can collect the house keys from the estate agent but this should only take place after the vendors solicitors advise the agent that they have the completion monies and the keys can be collected. Subsequently you can tell the removal men that you are ready to move in. We do not recommend a specific removal organisation but can assist you in locating a conveyancing in South Woodford or a firm that specialises in conveyancing in South Woodford.
When it comes to lenders such as Nationwide, do South Woodford conveyancing practitioners incur a yearly amount to be on the conveyancing panel?
We are not aware of any mortgage company fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
I'm in the process of looking at apartments in South Woodford and I am now considering a potential offer. Is it premature to have a solicitor in place? I am planning to take a mortgage with Co-operative.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. As you are seeking a mortgage with Co-operative, make sure you remember to check that your lawyer is on the Co-operative conveyancing panel.
My wife and I are close to exchanging contracts on the sale of our house in South Woodford and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. Any local lawyer would know that there is no such problem. It does beg the question why the buyers instructed a factory type conveyancing practice rather than a conveyancing solicitor in South Woodford. We have lived in South Woodford for 4 years we know that this is a non issue. Do we get in touch with our local Authority to obtain confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You need to check with 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 life insurance to cover that same sickness)
I purchased a terraced Edwardian house in South Woodford. Conveyancing lawyer represented me and The Mortgage Works. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold with the matching address. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in South Woodford and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing practitioner who conducted the work.
I am a sole trader looking to lease a unit on a shopping parade. Can you recommend lawyers offering no-sale-no costs for commercial conveyancing in South Woodford for below 1500k?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in South Woodford, including the disposal and purchase of businesses as well as simply premises. If you are intending to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right lawyer. Regarding the fees these will vary based on the structure and nuances of the proposed transaction. Let us have your details or telephone so as to enable us to supply you with comprehensive commercial conveyancing calculation.