The Windsor conveyancing firm handling our Windsor conveyancing has identified an inconsistency between the information in the home valuation report and what is in the legal papers for the property. My lawyer has advised that he is obliged to ensure that the lender is happy with this discrepancy and is still content to lend. Is my solicitor’s stance right?
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.
We are selling our house in Windsor and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A high street Windsor conveyancer would know this is not the case. For the life of me I don't know why the purchasers are using a factory type conveyancing outfit rather than a conveyancing solicitor in Windsor. We have lived in Windsor for three years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I purchased a terraced Edwardian property in Windsor. Conveyancing solicitor acted for me and Barclays Direct. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You should 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 Windsor 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 buyers. You can also question the position with your conveyancing practitioner who conducted the conveyancing.
I have been on the look out for a leasehold apartment up to £245,000 and identified one near me in Windsor I like with a park and station in the vicinity, however it's only got 51 remaining years left on the lease. I can't really find anything else in Windsor suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage the shortness of the lease may be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you can 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 solicitor about this matter.
My step-father has suggested that I appoint his lawyers for conveyancing in Windsor. Should I use them?
Much as we are happy to recommend a Windsor conveyancing lawyer it’s preferable to choose a conveyancing lawyer is to have guidance from friends or family who have previously instructed the solicitor you're contemplating using.
Been on the hunt for a property lawyer for leasehold sale conveyancing in Windsor. I'm selling, uncomplicated no mortgage to pay off, no rush, currently vacant. Received an estimate from a property lawyer for £800 excluding VAT which is a tad steep given that its so straightforward. Is it possible to find less expensive fees for conveyancing in Windsor?
As it’s a sale only, £425 + VAT is likely to be about the cheapest for sale conveyancing in Windsor.