The Brackla conveyancing firm handling our Brackla conveyancing has identified a discrepancy between the surveyor’s assumptions in the home valuation report and what is revealed within the legal papers for the property. My lawyer informs me that he needs to check that the bank is happy with this discrepancy and is still content to lend. Is my solicitor’s stance appropriate?
Your lawyer 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.
How up to date is your database of Brackla solicitors on the TSB conveyancing panel? Do TSB send you an updated list?
Brackla conveyancing firms themselves provide us confirmation that they are on the TSB conveyancing panel as opposed to being supplied with a list from TSB directly.
3 months have elapsed since my purchase conveyancing in Brackla concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does the Landlord & Tenant Act 1954 impact my commercial premises in Brackla and how can you help?
The particular law that you refer to gives security of tenure to business lessees, giving them the a statutory right to apply to court for a renewal tenancy and continue in occupation when the lease reaches an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Brackla is one of the hundreds of locations in which the firms we work with are located
I pay a service charge for my first floor flat in Brackla. Due to redundancy and other issues I fell behind with payments. The management company agreed a clearance schedule but there is still around £3000 due to be paid.
I now wish to dispose of the property and I am panicking this can hold me back if I have to discharge the arrears in advance. I'd like to sell up and subsequently pay them back with the completion monies - is this viable?
The conveyancer undertaking your Brackla sale should be able to negotiate with the appropriate parties, with a new to seeing if they would accept payment out of the completion monies. Here is indicative of why it is sensible to use a conveyancer in Brackla as they may well have an established relationship with the management company.