Our Yoxall conveyancer has uncovered a difference when comparing the information in the home valuation report and what is revealed within the title deeds. My solicitor says that he is duty bound to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action right?
Your conveyancer 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.
Will lawyers request money up-front for my conveyancing in Yoxall?
If you are buying a property in Yoxall your lawyer will ask you to provide them with monies to cover the search fees. Normally this is asked for to cover the fees of the Local Authority Search. If any down payment is payable against the sale price then this will be needed shortly before contracts are exchanged. The final balance that is due should be sent to your lawyer a couple of days prior to the day of completion.
This question may be naive but I am unseasoned as a first time buyer of a garden flat in Yoxall. Do I receive the keys to the premises on completion from my conveyancer? If so, I will instruct a local conveyancing solicitor in Yoxall?
On the day of completion you will not be required to go to the conveyancers office in Yoxall. Conveyancing lawyers for you will transfer the completion advance to the seller's lawyers, and once they have received this, you should be called to collect the keys from the Estate Agents and start moving into the property. Usually this happens between 1 and 3pm.
We have agreed to purchase a house in Yoxall. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender HSBC be concerned?
As you are obtaining a mortgage with HSBC your lawyer must comply with the formal requirements set out in Part 2 of UK Finance Lenders’ Handbook for HSBC. The CML Handbook contains minimum requirements for solar panel roof-space leases, and lawyers are required to report to HSBC where a lease fails to comply with these requirements. The specifications relate to the installation of panels on properties nationwide and is not restricted to Yoxall.
I had an offer accepted on a house in Yoxall on 29/7/2025, valuation was booked 2 days later, all came back fine. Property lawyer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Principality and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Principality conveyancing panel. Are Principality entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Principality to deal with your lawyer's application to be on the Principality conveyancing panel. There's no guarantee that your solicitor will be accepted.
We are selling our property in Yoxall and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A high street Yoxall lawyer would know this is not the case. For the life of me I don't know why the buyers used a national conveyancing practice as opposed to a conveyancing solicitor in Yoxall. Having lived in Yoxall for three years we know of no issue. Should we contact our local Authority to get confirmation need.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You must 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 life insurance to cover that same illness)
I have todaydiscovered that Stirling Law have closed. They conducted my conveyancing in Yoxall for a purchase of a leasehold apartment 10 months ago. How can I be sure that my home is not still registered in the name of the former proprietor?
The easiest way to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Yoxall conveyancing specialists.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one round the corner in Yoxall I like with amenity areas and railway links nearby, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in Yoxall in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan the shortness of the lease may be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you could request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.