Our Narberth solicitor has spotted a discrepancy between the information in the home valuation survey and what is revealed within the conveyancing documents. My lawyer has advised that he needs to ensure that the lender is happy with this discrepancy and is still content to lend. Is my lawyer’s stance legitimate?
Your conveyancing practitioner 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.
My Solicitor in Narberth has never been on on the Accord Mortgages Ltd Conveyancing Panel. Can I still use my family solicitor even though they are excluded from the Accord Mortgages Ltd panel?
Your options are as follows:
- Carry on with your preferred Narberth solicitors but Accord Mortgages Ltd will need to retain a lawyer on their list of acceptable firms. This will result in additional overall conveyancing fees and cause delays.
- Choose a new practitioner to act in the conveyancing, not forgetting to check they are Accord Mortgages Ltd approved.
- Try to convince your Accord Mortgages Ltd based solicitor to seek to join the Accord Mortgages Ltd panel
My friend suggested that if I am purchasing in Narberth I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally included in the estimate for your Narberth conveyancing searches. It is not a small report of about 40 pages, listing and setting out important information about Narberth around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information regarding Narberth.
I am downsizing from my home. My previous conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Narberth if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Narberth. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
Should I appoint a Narberth conveyancing practitioner who is local to the property I am purchasing? I have an old university friend who can perform the conveyancing however his firm is located 400kilometers away.
The primary upside of using a high street Narberth conveyancing practice is that you can drop in to sign documents, hand in your identification documents and pester them if necessary. Having local Narberth know how is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust instructed your friend and in the main were happy that must trump using an unfamiliar Narberth conveyancing lawyer just because they are local.