The Cottenham Park conveyancing firm handling our Cottenham Park conveyancing has discovered an inconsistency between the assumptions in the valuation survey and what is in the legal papers for the property. My solicitor says that he is duty bound to ensure that the lender is happy with this discrepancy and is content to go ahead. Is my conveyancer’s stance correct?
Your lawyer must comply with the UK Finance Lenders’ Handbook requirements 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 both parties.
What does a local search reveal concerning the property we're purchasing in Cottenham Park?
Cottenham Park conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company such as Onsearch The local search plays a central role in most Cottenham Park conveyancing purchase; that is if you don’t want any nasty surprises after you move into your property. The search should provide data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject areas.
I have recentlybecome aware that Stirling Law have been shut down. They carried out my conveyancing in Cottenham Park for a purchase of a leasehold flat 18 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The easiest method to see if the premises 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 Cottenham Park conveyancing specialists.
I opted to have a survey done on a property in Cottenham Park in advance of instructing lawyers. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies will refuse to issue a loan on a flying freehold home.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Cottenham Park. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Cottenham Park to see if the conveyancing will be more expensive.
My husband and I are 14 days into a leasehold purchase having been recommend to solicitors by the selling agent to handle our conveyancing in Cottenham Park. I am am starting to be frustrated with the level of service. Can you you assist me in finding new solicitors?
A lawyer would have to be very bad in order to consider diss instructing them. Has your mortgage offer been generated? If so you need to make them aware of the new solicitor and have the mortgage documents are re-issued. Your conveyancer should be on the banks approved list to avoid escalating fees and complications. That should be your starting point. Our search tool will assist you in finding a bank approved conveyancer for your conveyancing in Cottenham Park