The Pevensey conveyancing firm handling our Pevensey conveyancing has discovered an inconsistency between the information in the home valuation survey and what is revealed within the conveyancing documents. My solicitor has advised that he needs to check that the lender is OK with this discrepancy and is still content to lend. Is my solicitor’s stance legitimate?

Your conveyancer 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 both parties.

Is there a search tool that I can utilise to find out if the solicitor carrying out my conveyancing in Pevensey is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Santander thus spending £175.00 in supplemental conveyancing invoice.

Feel free to make the most of the find a conveyancing panel solicitor tool on this page. Please choose the lender and type ‘Pevensey’ or your preferred area and you will discover numerous solicitors located in Pevensey or nearest you.

I'm purchasing my first flat in Pevensey benefiting from help to buy. The builders would not budge the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative advised me not disclose to my conveyancer about this side-deal as it would adversely affect my loan with the bank. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the developer 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.

I am looking for a ground for flat up to £235,500 and identified one round the corner in Pevensey I like with open areas and railway links nearby, however it's only got 51 years on the lease. I can't really find anything else in Pevensey suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?

If you need a home loan the remaining unexpired lease term will likely be an issue. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.

How simple is it to use the search facility to choose a conveyancing practitioner in Pevensey on the authorised to act for my lender?

Step one is to pick a lender such as Halifax, Virgin Money or Nottingham Building Society then specify your preferred area such as Pevensey. Conveyancing practices in Pevensey and further afield will then be identified.