The Burton upon Trent conveyancing firm handling our Burton upon Trent conveyancing has discovered an inconsistency between the surveyor’s assumptions in the home valuation report and what is in the conveyancing documents. My lawyer informs me that he is obliged to ensure that the bank is with this discrepancy and is still content to lend. Is my solicitor’s stance legitimate?
Your 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 note that you have a post code search directory listing solicitors on the conveyancing panel. Do companies pay you a commission if I instruct them for our conveyancing in Burton upon Trent?
We are a listing service only for law firms wishing to communicate if they are on the conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Burton upon Trent.
I am close to exchanging contracts on the sale of our house in Burton upon Trent and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers used an internet conveyancing outfit rather than a conveyancing solicitor in Burton upon Trent. Having lived in Burton upon Trent for many years we know of no issue. Should we get in touch with our local Authority to seek clarification that there is no issue.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You must enquire of 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 todaybecome aware that Stirling Law have closed. They conducted my conveyancing in Burton upon Trent for a purchase of a leasehold apartment 18 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The easiest way to see if the property is in your name, you can carry out 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 Burton upon Trent conveyancing specialists.
I am looking for a ground for flat up to £195,000 and found one near me in Burton upon Trent I like with a park and station nearby, the downside is that it only has 52 remaining years left on the lease. There is not much else in Burton upon Trent suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan the remaining unexpired lease term may be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you may request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.