My Sprotbrough conveyancer has discovered a discrepancy between the surveyor’s assumptions in the valuation survey and what is revealed within the title deeds. My solicitor informs me that he must check that the lender is happy with this discrepancy and is content to go ahead. Is my conveyancer’s stance correct?
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 you.
How up to date is your search tool for Sprotbrough conveyancing solicitors on the RBS conveyancing panel? Do RBS send you an updated list?
Sprotbrough conveyancing firms themselves provide us confirmation that they are on the RBS conveyancing panel as opposed to being supplied with a list from RBS directly.
My relative recommended that if I am buying in Sprotbrough I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Sprotbrough conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Sprotbrough around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data concerning Sprotbrough.
Me and my brother own a renovated Edwardian property in Sprotbrough. Conveyancing lawyer represented me and Godiva Mortgages Ltd. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the exact same address. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sprotbrough and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the position with your conveyancing lawyer who conducted the purchase.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one round the corner in Sprotbrough I like with amenity areas and railway links in the vicinity, the downside is that it only has 61 years on the lease. There is not much else in Sprotbrough suitable, so just wondered if I would be making a grave error buying a short lease?
If you require a home loan the shortness of the lease may be an issue. Reduce the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for at least twenty four months you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
Are there any apps to help search for a Sprotbrough solicitor on the Santander conveyancing panel? I drive a motor bike and am willing to travel upto 10kilometers to meet the solicitor.
You can use the search on this page. Please select a lender and your location and you will see a number of Sprotbrough conveyancing lawyers located nearest you. We have listed some Sprotbrough conveyancing firms towards the end of this page and you can call them to see whether they are on the Santander member panel