My Boncath conveyancer has spotted a discrepancy between the assumptions in the valuation survey and what is in the title deeds. My lawyer has advised that he must check that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s approach appropriate?
Your conveyancer 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 both parties.
It is a dozen years since I purchased my home in Boncath. Conveyancing lawyers have recently been appointed on the sale but I can't track down my title documents. Will this cause complications?
You need not be too concerned. First the deeds may be with the lender or they could stored with the solicitor who oversaw your purchase. Secondly in most cases the land will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers procuring current official copies of the land registers. The vast majority of conveyancing in Boncath relates to registered property but in the rare situation where your home is unregistered it is more of a problem but is resolvable.
I am thinking of mortgaging my house in Boncath, does my lawyer need to be on the RBS Conveyancing panel?
In theory, you could use a solicitor that is not on the RBS conveyancing panel, but RBS would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
Despite weeks of looking the Title Certificate and documents to my home are lost. The lawyers who conducted the conveyancing in Boncath 10 years ago have long since closed. What are my options?
Gone are the days when you need to hold title deeds to evidence that you are the owner of your registered land or property, given that the Land Registry have everything they need in a digital format.
I need to retain a conveyancing solicitor for leasehold conveyancing in Boncath. I have stumble across a site which seems to have the ideal solution If it is possible to get all this stuff done via web that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?