My wife and I are about to exchange buying a property in East and West Horsley but as a consequence of wreckage from the recent storms I have managed to agree compensation from the seller in the sum of £2k taking the form of a deduction in the price. I had intended this to be dealt with as part of amending the contract yet Virgin Money will not permit this. Why were they involved?
Any conveyancer that is on a Virgin Money approved list is required to disclose to Virgin Money of any amendments to the sale price. If you prohibit your lawyer to notify the reduction to Virgin Money then they would have to discontinue acting for you. In addition, Virgin Money and you would have to appoint a new solicitor for your conveyancing in East and West Horsley.
I purchased my house on 8 January and the transaction details is yet to be registered. Any reason for this? My conveyancing solicitor in East and West Horsley expressed confidence that it should be dealt with in less than a month. Are properties in East and West Horsley uniquely lengthy to register?
There is nothing unique when it comes to conveyancing in East and West Horsley registration formalities. Rather than based on location, timeframes can differ subject to who lodges the application, whether there are errors and if the Land registry must send notices to any third persons or bodies. At present roughly 80% of such applications are fully addressed within two weeks but occasionally there can be extensive delays. Registration is effected after the purchaser is living at the property therefore registration formalities is not typically an essential issue but where there is a degree of urgency associated with the registration then you or your lawyers must contact the land registry and explain the circumstances.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. East and West Horsley is where the house is located. What do you suggest?
Flying freeholds in East and West Horsley are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in East and West Horsley you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East and West Horsley may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Is it possible to swap solicitor as I need to choose a firm on the The Mortgage Works conveyancing list. I had appointed a high street conveyancing solicitor in East and West Horsley round the corner but she is not approved by The Mortgage Works
We will our best to assist in finding you a conveyancing solicitor in East and West Horsley on the The Mortgage Works panel. Please note that the law firms that we list do not pay us commission if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in East and West Horsley. In making use of search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in East and West Horsley.
New build sellers have recommended to me a conveyancer and I've obtained an estimate from them. It's nearly £250 less expensive than my local East and West Horsley lawyer. What's the catch?
Developers often have lists of lawyers who expedite matters and who know the seller’s paperwork and solicitor. Plenty of developers offer an inducement to use a preferred lawyer for this reason, any increased fees can be avoided and a builder will not recommend a conveyancing factory and run the risk of having the transaction delayed when they want exchange within a tight deadline. The argument for not agreeing to use the suggested lawyer is that they may prove reluctant to 'push' your interests for fear of upsetting the developer. If you worry that this may be the situation you should keep with your local East and West Horsley conveyancing practitioner.