Our Lisson Grove lawyer has identified an inconsistency between the assumptions in the home valuation report and what is revealed within the title deeds. My lawyer informs me that he is obliged to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my lawyer’s stance legitimate?
Your solicitor must comply with the UK Finance Lenders’ Handbook specifications 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 do I check that the solicitor handling my conveyancing in Lisson Grove is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Coventry Building Society thus spending £192.00 in further conveyancing charges.
Feel free to take advantage of the find a lender approved solicitor tool on this site. Please choose the mortgage company and type ‘Lisson Grove’ or your preferred area and you will discover numerous solicitors offices in Lisson Grove or near you.
My colleague suggested that if I am purchasing in Lisson Grove I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally included in the estimate for your Lisson Grove conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Lisson Grove around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Lisson Grove Education with maps and statistics, Local Amenities and other useful data regarding Lisson Grove.
Just bought a terraced house in Lisson Grove , how long will it take for the Land Registry to deal with the formalities evidencing the transfer to my name? My Lisson Grove conveyancing solicitor works at snail pace, so I want to check that my ownership is registered.
As far as conveyancing in Lisson Grove registration is no quicker or slower than anywhere else in the country. Rather than based on location, timeframes can differ depending on who lodges the application, whether it is in order and whether the Land registry need to notify any 3rd persons or bodies. As of today approximately three quarters of such applications are fully addressed within 12 days but occasionally there can be longer hold-ups. Historically registration takes place once the purchaser is living at the property therefore 'speed' is not typically an essential issue but if there is a degree of urgency associated with the registration then you or your solicitor must contact the land registry and explain the circumstances.
Are all Lisson Grove law firms on every bank conveyancing panel?
The Lexsure search tool on this page may be of use or you can go into your local lender branch in Lisson Grove. the probability is that they will know some good conveyancing solicitors in Lisson Grove