The Linton conveyancing firm handling our Linton conveyancing has discovered a discrepancy between the information in the valuation survey and what is revealed within the conveyancing documents. My lawyer has advised that he must check that the lender is happy with this discrepancy and is still content to lend. Is my solicitor’s stance legitimate?
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 you.
Do conveyancers ask for money up-front for my conveyancing in Linton?
Where you are retaining lawyers for conveyancing in Linton your solicitor will ask you to provide them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any down payment is payable against the total price then this should be asked for shortly ahead of exchange of contracts. Any further balance that is needed should be transferred shortly before completion.
My wife and I are purchasing a apartment in Linton. It might be a silly question but how we can trust a conveyancer? At some point we have to send our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
The formalities of my purchase has taken place for my property in Linton. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. We understand that complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
About to purchase maisonette in Linton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Linton property lawyer is on the Nationwide conveyancing panel.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a simple, no chain conveyancing. Linton is where the house is located. Can you shed any light on this issue?
Flying freeholds in Linton are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Linton you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Linton may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am a sole trader looking to take an assignment of a lease of an office on the high street. Can you recommend conveyancers offering no-sale-no charges for non-domestic conveyancing in Linton for less than £2000?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Linton, including the disposal and purchase of businesses as well as simply premises. If you are looking to purchase or lease a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right solicitor. As for the fees these will vary based on the structure and complexity of the deal. Let us have your details or call so as to enable us to furnish you with a detailed commercial conveyancing calculation.