My Gants Hill conveyancer has uncovered an inconsistency when comparing the surveyor’s assumptions in the home 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 lawyer’s stance correct?
Your lawyer 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 you.
How up to date is your database of Gants Hill solicitors on the Nationwide conveyancing panel? Do Nationwide send you an updated list?
Gants Hill conveyancing firms themselves provide us confirmation that they are on the Nationwide conveyancing panel as opposed to being supplied with a list from Nationwide directly.
I need some fast conveyancing in Gants Hill as I am faced with a deadline to sign on the dotted line in less than 2 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save money and time?
As you are not getting a home loan you are at liberty not to do searches although no law firm would suggest that you don't. Drawing on our experience of conveyancing in Gants Hill the following are instances of what can show up and therefore affect market value: Refused Planning Applications, Outstanding Fees, Overdue Grants, Unadopted Roads,...
Over the last few months I have been searching for a flat up to £305k and found one near me in Gants Hill I like with amenity areas and transport links nearby, however it's only got 51 years on the lease. There is not much else in Gants Hill suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a home loan the remaining unexpired lease term will likely be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.
How do I identify a Gants Hill solicitor on the The Royal Bank of Scotland conveyancing panel? I am a keen cyclist and am happy to travel upto 10miles to meet the conveyancer.
You can use the search on this website. Please pick a lender and your location and you will see a number of Gants Hill conveyancing lawyers locally. We have listed some Gants Hill conveyancing firms towards the end of this page and you can contact them to see if they are on the The Royal Bank of Scotland approved list