The Stoke Park conveyancing firm handling our Stoke Park conveyancing has uncovered a discrepancy between the information in the home valuation survey and what is revealed within the conveyancing documents. My solicitor says that he is duty bound to check that the lender is OK with this discrepancy and is content to go ahead. Is my solicitor’s stance correct?
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 both parties.
In looking at moneysavingexpert.com for a high-quality lawyer in Stoke Park, many advise that I should instruct a CQS accredited solicitor. What is CQS?
Stoke Park Conveyancing Quality Scheme solicitors have obtained accreditation by the law Society CQS was established to promote high standards in the home buying process. CQS helps home movers to identify solicitor firms that provide a quality residential conveyancing. Stoke Park is one of locations in England and Wales in which accredited firms have a presence. The conveyancing scheme requires law firms to undergo a strict assessment, compulsory training, self-certification, spot checks and yearly assessments in order to maintain CQS status. It is available to solicitors and not licensed conveyancers and has the support of the Council of Mortgage Lenders.
Will our solicitor be raising questions concerning flooding during the conveyancing in Stoke Park.
The risk of flooding is if increasing concern for solicitors specialising in conveyancing in Stoke Park. Plenty of people will buy a house in Stoke Park, fully aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, if a house is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or dispose of the property. There are steps that can be taken during the course of a house purchase to forewarn the buyer.
Lawyers are not best placed to give advice on flood risk, but there are a various searches that can be initiated by the buyer or by their solicitors which should give them a better understanding of the risks in Stoke Park. The standard information given to a buyer’s lawyer (where the Conveyancing Protocol is adopted) incorporates a usual question of the owner to discover if the property has ever been flooded. If flooding has previously occurred which is not disclosed by the owner, then a buyer may bring a claim for damages as a result of such an incorrect answer. A buyer’s conveyancers may also carry out an enviro report. This will indicate if there is a recorded flood risk. If so, further inquiries should be made.
Are there any apps to assist me to identify a Stoke Park law firm on the Godiva Mortgages Ltd conveyancing panel? I have wheels and am willing to travel upto 25miles to meet the solicitor.
Feel free to make use of the facility on this page. Please select a bank and your location and you will see a number of Stoke Park conveyancing lawyers based on proximity. We have listed some Stoke Park conveyancing firms at the bottom of this page and you can telephone them to see if they are on the Godiva Mortgages Ltd approved list
I am looking for a conveyancing lawyer in Stoke Park for my remortgage. Is it possible to see a solicitor's complaints history with the profession’s regulator?
Anyone may search for published Solicitor Regulator Association (SRA) determinations stemming from inquisitions from 2008 onwards. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA could recorded telephone calls for training purposes.
Last August I purchased a leasehold house in Stoke Park. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Leasehold Conveyancing in Stoke Park - Sample of Queries Prior to buying
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How much is the maintenance charge and ground rent on the property? Are any of leasehold owners in arrears of their service charge liability? What restrictions are there in the Stoke Park Lease?