Our Abridge solicitor has spotted a discrepancy when comparing the assumptions in the valuation report and what is revealed within the conveyancing documents. My lawyer says that he is duty bound to check that the bank 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 conditions 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.
How does conveyancing in Abridge differ for new build properties?
Most buyers of new build residence in Abridge come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is built. This is because builders in Abridge tend to purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Abridge or who has acted in the same development.
Is it possible to transfer to a new solicitor as I have to choose a firm on the Leeds Building Society conveyancing list. I had appointed a local conveyancing solicitor in Abridge five minutes from me but he is not accepted by Leeds Building Society
We will our best to assist in finding you a conveyancing solicitor in Abridge on the Leeds Building Society panel. Please note that the solicitors that we work with do not pay us commission if you instruct them and are fully regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Abridge. In utilising search facility on this site, you can scrutinise charges for conveyancing solicitors in Abridge and beyond.
I am looking for a conveyancing lawyer in Abridge for my sale. Is there any facility to see a firm’s complaints history with the legal regulator?
Anyone can find presented Solicitor Regulator Association (SRA) determinations stemming from investigations started on or after Jan 2008. Go to Check a solicitor's record. To find information Pre 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator could recorded call for training purposes.
Is it true that a Abridge conveyancing practice got sued by a client for failing to conduct comprehensive conveyancing investigations?
Our attention has not be brought to such a Abridge conveyancing claim but according to a recent report, clients buying a home in Cumbria successfully sued their property lawyer as a consequence of development permission to erect a wind farm not being picked up in conveyancing searches.
Where you are buying in Abridge It is critical that your conveyancing practitioner carry out all Abridge conveyancing searches required to ensure you have relevant and up to date information before acquiring a home in Abridge.