My IFA says he needs my Ulverston law firm’s panel reference for the HSBC conveyancing panel. Can you suggest how I discover this. I have called my local Ulverston office but they have not responded to me.
The sensible thing to do is ask for this information from your Ulverston lawyer . Most Ulverston conveyancing firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
The Ulverston conveyancing firm handling our Ulverston conveyancing has discovered a difference between the surveyor’s assumptions in the home valuation report and what is revealed within the conveyancing documents. My solicitor has advised that he is obliged to check that the lender is OK with this discrepancy and is content to go ahead. Is my lawyer’s course or action 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 you.
Can your site be used to locate a Conveyancing solicitor in Ulverston even if I’m not buying or disposing of a house, for example where I intend to buy an office in Ulverston with a loan from National Westminster Bank?
Our search tool is primarily utilised to get a quote from residential conveyancing solicitors in Ulverston but we have recorded at the bottom of this page a few Ulverston commercial conveyancing firms. You will need to speak with the solicitors directly to check if they are also authorised to represent National Westminster Bank
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one round the corner in Ulverston I like with amenity areas and transport links in the vicinity, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Ulverston suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the shortness of the lease will be an issue. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I have been pointed in your direction by a couple of local estate agents in Ulverston to get a quote from a property lawyer on your site. Is there a financial inducement for Estate Agents to promote your lawyers ahead of a competitor’s?
We refuse to give any referral fee for sending work to this site. We found it would be just too difficult a fee as members of the public would think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
Am I best advised to go with a Ulverston conveyancing solicitor based in the area that I am hoping to buy? An old friend can deal with the conveyancing but his firm is located 200miles drive away.
The benefit of a local Ulverston conveyancing firm is that you can visit the firm to sign documents, hand in your identification documents and pester them if necessary. Having local Ulverston know how is a bonus. However it's more important to get someone that will pull out all the stops for you. If other friends have used your friend and on the whole were happy that must trump using an unknown Ulverston conveyancing solicitor just because they are round the corner.