My Long Hanborough solicitor has identified an inconsistency when comparing the surveyor’s assumptions in the valuation report and what is in the title deeds. My solicitor informs me that he is obliged to ensure that the bank is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action legitimate?
Your solicitor 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 both parties.
I used Arc property Solicitors a few years ago for my conveyancing in Long Hanborough. I now require my file but the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Long Hanborough of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying a new build flat in Long Hanborough. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Long Hanborough
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are surveyor prepared. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
What tools are available to search for a Long Hanborough solicitor on the Nationwide Building Society conveyancing panel? I have a car and am willing to travel upto 25miles to meet the solicitor.
Feel free to make use of the facility on this website. Please pick a mortgage company and your location and you will see a number of Long Hanborough conveyancing lawyers based on proximity. We have detailed some Long Hanborough conveyancing firms at the bottom of this page and you can ring them to check if they are on the Nationwide Building Society approved list
I have chosen a Long Hanborough conveyancing solicitor for our home move (novice purchasers) and have noticed in the engagement letter that they are not covered by the Financial Conduct Authority. Should I be worried or is that the norm with lawyer?
We can't see why they should be. Most lawyer don't lend money. You should check that they are regulated by the Solicitors Regulation Authority, who set stringent conditions covering amounts held by them.