The Henlow conveyancing firm handling our Henlow conveyancing has discovered an inconsistency when comparing the surveyor’s assumptions in the home valuation report and what is revealed within the title deeds. My solicitor has advised that he must check that the bank is OK with this discrepancy and is still content to lend. Is my conveyancer’s course or action appropriate?
Your conveyancer 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.
Finally the sale completed on my house in Henlow last August but our buyer keeps whats apping daily to moan that her solicitor needs to hear from mysolicitor. What are the post completion sale formalities following completion?
Following your sale your conveyancer should forward the transfer deeds and all supplemental paperwork to the purchaser's lawyers. Where relevant, your conveyancer must also confirm that the legal charge in favour of the lender has been discharged to the purchasers lawyers. There is unlikely to be post completion steps just for conveyancing in Henlow.
The estate agent has sent us the confirmation of our purchase of a new build flat in Henlow. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Henlow
Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Is it possible to transfer to a new solicitor as I have to retain one who is on the Nottingham Building Society conveyancing list. I was using a high street conveyancing solicitor in Henlow five minutes from me but the firm is not approved by Nottingham Building Society
It would be our pleasure to help you find a conveyancing solicitor in Henlow on the Nottingham Building Society panel. Please note that the solicitors that we list do not pay us fee if you instruct them and are under regulation of the Solicitors Regulation Authority who oversee all conveyancing solicitors in Henlow. Using the find a conveyancing solicitor tool on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Henlow.
I am purchasing a flat mortgage free. I have provided solicitor with 2 distinct proof of photographic ID, bank statement, endless utility bills. Now he requires a copy from a probate lawyer advising that the funds are in order and that it has come from inheritance and not selling fake watches.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Henlow conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.