The Cawthorne conveyancing firm handling our Cawthorne conveyancing has spotted a discrepancy when comparing the information in the valuation survey and what is revealed within the title deeds. My solicitor informs me that he is duty bound to ensure that the lender is OK with this discrepancy and is still content to lend. Is my solicitor’s course or action appropriate?
Your must comply with the UK Finance Lenders’ Handbook specifications 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.
It is is a decade since I acquired my property in Cawthorne. Conveyancing lawyers have now been retained on the sale but I am unable to track down the title documents. Is this a major issue?
You need not be too concerned. First the deeds may be with your lender or they could be archived with the lawyers who handled your purchase. Secondly in most cases the land will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Nearly all conveyancing in Cawthorne relates to registered property but in the unlikely event that your home is unregistered it adds to the complexity but is not insurmountable.
I have been recommended a conveyancing solicitor in Cawthorne. I I am struggling to find out if they are accepted on the approved list of lawyers. Could you advise?
The first thing you should do is phone your conveyancer and enquire if they are on the lender panel. Alternatively you should call who may be able to assist.
I used Wolstenholmes several years ago for my conveyancing in Cawthorne. Now, I need my documents however cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Cawthorne of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one round the corner in Cawthorne I like with amenity areas and station in the vicinity, however it's only got 52 remaining years left on the lease. I can't really find anything else in Cawthorne suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the shortness of the lease will likely be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.