Our Sunbury On Thames conveyancer has uncovered a difference when comparing the information in the home valuation report and what is in the title deeds. My lawyer says that he is duty bound to check that the bank is happy with this discrepancy and is still content to lend. Is my solicitor’s course or action 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 you.
I am in the process of refinancing my house in Sunbury On Thames, does my lawyer have to be on the Clydesdale Solicitor panel?
In theory, you could use a solicitor that is not on the Clydesdale conveyancing panel, but Clydesdale would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
It has been 4 months since my purchase conveyancing in Sunbury On Thames concluded. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I was advised by a few selling agents in Sunbury On Thames to select a solicitor on your site. Is there a financial advantage for Estate Agents to market your site rather than another?
We refuse to make any financial incentive for sending work our way. We thought it would be too underhand a fee as home movers will think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
Should I choose a Sunbury On Thames conveyancing solicitor based in the vicinity that I am purchasing? An old friend can perform the conveyancing but they are based 200miles away.
The benefit of a high street Sunbury On Thames conveyancing practice is that you can attend the office to sign paperwork, deliver your identification documents and apply pressure on them if necessary. Having local Sunbury On Thames know how is a plus. That being said nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and on the whole were happy that must outweigh using an unfamiliar Sunbury On Thames conveyancing solicitor just because they are Sunbury On Thames based.
There are a number of houses in Sunbury On Thames on unadopted roads. I am buying one such property. What are the pros and cons of buying a property on a private road?
Sunbury On Thames conveyancing firms will be well versed in dealing propertieson unadopted roads. The conveyancing practitioner will investigate Land Registry data to identify any rights or liabilities. It is possible that there is a residents association that owners pay into to maintain the road. If one exists, the road will likely be maintained and appear better than council owned.