The Belsize Park conveyancing firm handling our Belsize Park conveyancing has discovered a difference between the assumptions in the home valuation report and what is in the legal papers for the property. My solicitor informs me that he needs to check that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action appropriate?
Your lawyer 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.
Should lawyers request money up-front for conveyancing in Belsize Park?
If you are buying a property in Belsize Park your solicitor will ask you place them with monies to cover the search fees. Generally this is needed to cover the fees of the Local Authority Search. If any deposit is as part of the sale price then this should be asked for shortly ahead of exchange of contracts. Any further balance that is needed should be transferred a couple of days ahead of the completion date.
My husband and I wish to acquire a 2 bedroom flat in Belsize Park with a mortgage from Skipton Building Society.We have a Belsize Park conveyancing lawyer but Skipton Building Society informed us she’s not listed on their approved list of member firms. We have to appoint a Skipton Building Society panel firm or keep our high street solicitor and fork out for a Skipton Building Society panel lawyer to act for them. This seems very unfair; is there anything we can do?
No, not really. The home loan issued to you contains terms and conditions, a common one being that solicitors will be on the Skipton Building Society approved list. Until recently, most lenders had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Skipton Building Society
I have recentlybecome aware that Stirling Law have closed. They conducted my conveyancing in Belsize Park for a purchase of a leasehold apartment 10 months ago. How can I check that my home is not still registered in the name of the former proprietor?
The easiest method to check if the property is registered to you, 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 Belsize Park conveyancing specialists.
I am thinking of appointing a conveyancing practitioner in Belsize Park for my home move. Is it possible to review a firm’s complaints history with the legal regulator?
You may search for presented Solicitor Regulator Association (SRA) determinations arising from investigations from 2008 onwards. Visit Check a solicitor's record. For information Pre 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, call +44 (0)121 329 6800. The SRA could recorded telephone calls for training purposes.