The Uttoxeter conveyancing firm handling our Uttoxeter conveyancing has uncovered a difference when comparing the information in the valuation survey and what is revealed within the title deeds. My lawyer informs me that he is duty bound to ensure that the lender is happy with this discrepancy and is still content to lend. Is my solicitor’s approach appropriate?
Your solicitor 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.
We are purchasing a property and need a conveyancing solicitor in Uttoxeter who is on the Barclays conveyancing panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Barclays . We don't recommend any particular firms conducting conveyancing in Uttoxeter.
My lawyer in Uttoxeter has never been on on the Bank of Ireland Conveyancing Panel. Is it possible for me to continue with my prefered solicitor even though they are not on the Bank of Ireland approved list?
The limited options available to you here include:
- Complete the purchase with your preferred Uttoxeter lawyers but Bank of Ireland will need to retain a conveyancer on their list of acceptable firms. This will result in additional total conveyancing charges and cause frustration.
- Get an alternative lawyer to to deal with the purchase, remembering to check they are Persuade your solicitor to use their best endeavours to join the Bank of Ireland conveyancing panel
The deeds to our house are lost. The conveyancers who did the conveyancing in Uttoxeter 10 years ago have long since closed. What are my options?
Gone are the days when you need to hold title deeds to prove you own the land or premises, as the Land Registry have everything they need in a digital format.
I am buying my first flat in Uttoxeter benefiting from help to buy. The builders refused to budge the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep told me not disclose to my lawyer about this side-deal as it will put at risk my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.