Our Trafford lawyer has identified a difference when comparing the surveyor’s assumptions in the home valuation survey and what is in the title deeds. My solicitor informs me that he is obliged to check that the bank is happy with this discrepancy and is still content to lend. Is my lawyer’s approach right?
Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions 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.
I am due to move house in January. Will my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you suggest a removal company in Trafford. Conveyancing lawyer was organised before I stumbled across your site.
On the afternoon of completion you can collect the house keys from your selling agent however this should only happen after the previous owners lawyers advise the agent that the monies to complete are in and the keys can be handed over. You should advise the removal company that they can start moving you in. We are not in a position to suggest a particular removal company but can assist you in finding a residential property solicitor in Trafford or a lawyer with expertise in conveyancing in Trafford.
Does a directory service exist listing Santander panel solicitors in Trafford on the UK Finance Lenders’ Handbook Website?
No. There is no such directory service on the CML or Building Society Association websites. Very few lenders make their panel listings viewable online. Where you are in need of a Trafford solicitor on the Santander please make the most of our tool.
I have a mortgage with UBS for my property in Trafford. Conveyancing has been completed months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform UBS?
You must advise UBS before renting your property as this is likely to be a breach of UBS’s mortgage conditions. It may be that UBS will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact UBS directly. It should not be necessary to do this via a UBS conveyancing panel solicitor.
What does a local search reveal about the house my wife and I buying in Trafford?
Trafford conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search company for example Onsearch The local search is essential in every Trafford conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your new home. The search will reveal information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a quick, no chain conveyancing. Trafford is where the house is located. Can you shed any light on this issue?
Flying freeholds in Trafford are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Trafford you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Trafford 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.
My business partner and I are looking to lease a unit on the high street. Can you recommend conveyancers offering no-sale-no fees for commercial conveyancing in Trafford for under 2k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Trafford, including the sale and purchase of businesses as well as simply premises. Whether you are looking to buy or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right solicitor. As for the charges this will depend on the structure and heads of terms of the deal. Please provide us with your details or phone us so that we may furnish you with a detailed commercial conveyancing calculation.