My Padstow conveyancer has discovered a discrepancy between the surveyor’s assumptions in the home valuation report and what is in the conveyancing documents. My lawyer informs me that he must check that the lender is OK with this discrepancy and is content to go ahead. Is my conveyancer’s course or action appropriate?
Your property 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.
Completed the sale of my flat in Padstow last November but our buyer keeps calling daily complaining that her solicitor is waiting to hear from mysolicitor. What are the post completion sale legalities following completion?
After completion of your disposal your solicitor is committed to deliver the transfer deeds and all of the paperwork to the buyer’s lawyers. Where relevant, your lawyer should also evidence that the mortgage has been redeemed to the purchasers solicitors. There is unlikely to be post completion tasks just for conveyancing in Padstow.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Padstow. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 5/2/2025, the requirements read as follows :
I am a sole trader planning to take over a lease of a shop on a shopping parade. Can you recommend lawyers offering competitive charges for commercial conveyancing in Padstow for less than 2k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Padstow, including the sale and purchase of businesses as well as simply premises. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right solicitor. As for the costs this will depend on the structure and terms of the deal. Please provide us with your details or email us so that we may provide you with comprehensive commercial conveyancing quote.
When it comes to my conveyancing in Padstow should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Padstow conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancer's time in submitting the funds this way.