Our Swanley lawyer has discovered a difference when comparing the surveyor’s assumptions in the home valuation report and what is in the legal papers for the property. My lawyer informs me that he needs to ensure that the bank is happy with this discrepancy and is content to go ahead. Is my lawyer’s approach legitimate?
Your conveyancer must comply with the UK Finance Lenders’ Handbook requirements 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.
Are the Swanley conveyancing solicitors identified as being on the Barclays conveyancing panel, together with their details provided by Barclays?
Swanley conveyancing firms themselves provide us confirmation that they are on the Barclays conveyancing panel as opposed to being supplied with a list from Barclays directly.
I have been told that property searches are a common cause of stalling in Swanley conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not figure within the common causes of delays in the conveyancing process. Local searches are unlikely to feature in any slowing down conveyancing in Swanley.
How does conveyancing in Swanley differ for newly converted properties?
Most buyers of new build or newly converted property in Swanley contact us having been asked by the builder to exchange contracts and commit to the purchase even before the house is built. This is because new home sellers in Swanley tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Swanley or who has acted in the same development.
I need to instruct a conveyancing solicitor in Swanley for my purchase. Is there any facility to review a firm’s complaints history with the profession’s regulator?
Members of the public can review published Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The SRA sometimes recorded call for training requirements.
What type of property do your Swanley conveyancing estimates apply to?
The quotes provided are only relevant to standard residential premises in England & Wales. If you have any different needs for example industrial or agricultural property or commercial conveyancing in Swanley do contact us to address this further .