The Watchet conveyancing firm handling our Watchet conveyancing has identified an inconsistency when comparing the surveyor’s assumptions in the valuation report and what is in the legal papers for the property. My solicitor has advised that he must ensure that the lender is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action correct?

Your solicitor must comply with the UK Finance Lenders’ Handbook specifications 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.

Can your site be used to recommend a Conveyancing solicitor in Watchet even if I’m not purchasing or disposing of a house, for instance if I wish to buy an office in Watchet with a loan from Yorkshire Building Society?

Our comparison service is primarily used to find residential conveyancing solicitors in Watchet but we have recorded at the end of this page some Watchet commercial conveyancing firms. You should make contact with the firm directly to establish if they can also act for Yorkshire Building Society

My lawyer in Watchet has never been on on the Lloyds TSB Bank Approved Panel. Can I still continue with my family solicitor notwithstanding that they are not on the Lloyds TSB Bank panel?

The limited options open to you here include:

1. Carry on with your existing Watchet solicitors but Lloyds TSB Bank will need to use a conveyancer on their panel. This will inevitably rack up the overall legal fees as well as cause delays.
2. Choose an alternative lawyer to to deal with the conveyancing, not forgetting to check they are Lloyds TSB Bank approved.
3. Persuade your Lloyds TSB Bank based solicitor to attempt to join the Lloyds TSB Bank panel

Have purchased a a terraced house in Watchet , how long will it take for the Land Registry to register my ownership? My Watchet conveyancing solicitor works at snail pace, so I want to check the registration is addressed.

As far as conveyancing in Watchet is concerned, registration is no faster or slower than the rest of England and Wales. As opposed to being determined by geographic area, timescales can differ depending on the party submitting the application, whether it is in order and whether the Land registry communicate with any other parties. Currently roughly 80% of such applications are fully addressed in less than three weeks but some can be subject to longer hold-ups. Historically registration takes place once the buyer has moved in to the premises thus an expedited registration is not typically an essential issue but if there is a degree of urgency associated with the registration then you or your solicitor should speak with the land registry and explain the circumstances.

Expecting to sign contracts shortly on a basement flat in Watchet. Conveyancing lawyers inform me that they are sending me a report within the next couple of days. What should I be looking out for?

The report on title for your leasehold conveyancing in Watchet should include some of the following:

Are you allowed to have a pet in the flat? You would want to be sent a copy of the lease You need to be told what counts as a Nuisance in the lease You should have a good understanding of the insurance requirements

Leasehold Conveyancing in Watchet - Sample of Questions you should ask Prior to buying

Be sure to investigate if the the lease contains any onerous restrictions in the lease. For example some leases prohibit pets being permitted in in a block in Watchet. If you love the flatin Watchet yet your dog can’t move with you then you have a very difficult decision. Best to be warned whether a new roof is being put on or some other significant cost is due shortly to be shared by the tenants and may well dramatically increase the the service costs or require a specific payment.