My Henlow solicitor has identified a difference when comparing the surveyor’s assumptions in the home valuation report and what is in the legal papers for the property. My solicitor informs me that he needs to check that the bank is happy with this discrepancy and is content to go ahead. Is my solicitor’s stance appropriate?
Your solicitor 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.
My brother-in-law has suggested I instruct a conveyancing solicitor in Henlow. I I would like to check whether they are on the Platform Home Loans Ltd conveyancing panel. Could you help?
The first thing to do is phone your solicitor and enquire whether they can act for the bank. Alternatively you can call Platform Home Loans Ltd who may be able to assist.
I used Action Conveyancing several years past for my conveyancing in Henlow. I now require my papers however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Henlow of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I have been on the look out for a ground for flat up to £195,000 and found one round the corner in Henlow I like with open areas and transport links nearby, the downside is that it only has 52 years on the lease. I can't really find anything else in Henlow in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a home loan that many years will be an issue. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
I am looking for a conveyancing solicitor in Henlow for my home move. Is it possible to check a solicitor's record with the profession’s regulator?
You can find documented Solicitor Regulator Association (SRA) determinations arising from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find records Pre 2008, or to check a solicitors record, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The SRA could recorded call for training purposes.