We were about to retain a conveyancing solicitor in Havant listed using your search tool but have come across some other fee calculations on the internet seem less expensive – how come?
There are plenty of conveyancers marketing theoretically looks to be very low prices. We would encourage you to give due consideration as to how important this transaction is to you that you are willing to take 'cheap' risks in relation to the quality of the conveyancing. Some embed extras deep into the terms of business. The conveyancers that we list for conveyancing in Havant neverdo this.
My Havant lawyer has uncovered an inconsistency when comparing the assumptions in the home valuation survey and what is in the conveyancing documents. My lawyer has advised that he needs to check that the bank is OK with this discrepancy and is still content to lend. Is my lawyer’s course or action correct?
Your property lawyer must comply with the UK Finance Lenders’ Handbook conditions 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 are buying a newly converted apartment in Havant with a residential mortgage from Nationwide Building Society.We like our Havant conveyancing solicitor but Nationwide Building Society informed us her practice is not listed on their approved list of member firms. It seems we have little choice but to instruct a Nationwide Building Society panel firm or keep our local solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; Can we not simply insist that Nationwide Building Society use our lawyer?
Unfortunately,no. The loan offered to you contains various provisions, one of which will be that solicitors must be on the Nationwide Building Society approved list. Until recently, most mortgage companies 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 solicitors to apply to be on the conveyancing panel for Nationwide Building Society
My wife and I purchasing a 4 bedroom semi-detached house in Havant. The intention is to carry out an extension to the side at the house.Will legal investigations on the property include investigations to determine if these works are prohibited?
Your property lawyer will check the deeds as conveyancing in Havant will on occasion reveal restrictions in the title documents which restrict certain alterations or need the consent of a 3rd party. Some additions require local authority planning permissions and approval in accordance building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor ahead of any purchase.
I'm the sole recipient of my late father’s will with all property in now in my sole name, including the house in Havant. The Havant property was put into my name in November. I plan to dispose of the house. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my property ownership may be considered the same way as though I had purchased the property in November. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. How practical a view mortgage companies take of it, depend on the bank as this provision is primarily there to pick up on the purchase and immediately sell or the quick reselling of property.
The formalities of my remortgage has taken place for my property in Havant. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I purchased a terraced Georgian house in Havant. Conveyancing lawyer represented me and Barclays Direct. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Havant and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with the conveyancing practitioner who conducted the work.