My Hightown lawyer has uncovered a difference when comparing the assumptions in the home valuation survey and what is in the legal papers for the property. My lawyer informs me that he must ensure that the bank is OK with this discrepancy and is content to go ahead. Is my lawyer’s approach right?
Your conveyancing practitioner 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 you.
It is 10 years ago since I purchased my property in Hightown. Conveyancing lawyers have just been instructed on the sale but I am unable to track down my title documents. Will this jeopardise the sale?
Don’t worry too much. First the deeds may be with your lender or they could be in the possession of the solicitor who oversaw the purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors procuring current official copies of the land registers. Nearly all conveyancing in Hightown relates to registered property but in the rare situation where your property is not registered it adds to the complexity but is resolvable.
four months have elapsed since my purchase conveyancing in Hightown concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am selling my house. My previous conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Hightown if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Hightown. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
We're first time buyers - had an offer accepted, yet the agent has warned us that the vendor will only issue a contract if we use the agent's chosen conveyancers as they are insisting on an ‘expedited deal’. We would rather use a high street conveyancer who is familiar with conveyancing in Hightown
We suspect that the owner is unaware of this requirement. If they desire ‘a quick sale', alienating a motivated purchaser is likely to cause more damage than good. Bypass the agents and go straight to the sellers and make the point that (a)you are keen to buy (b)you are ready to progress, with finances arranged © you are chain free (d) you wish to move quickly (e)but you are going to instruct your own,trusted Hightown conveyancing firm - as opposed tothe ones that will earn their negotiator at the agency a kickback or hit his conveyancing targets demanded by corporate headquarters.