My New Addington conveyancer has uncovered a difference when comparing the surveyor’s assumptions in the home valuation report and what is in the conveyancing documents. My solicitor says that he must ensure that the bank is happy with this discrepancy and is content to go ahead. Is my lawyer’s approach legitimate?
Your conveyancing practitioner 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 both parties.
We hope to to buy with Earl Shilton BS. We have called around locally but am struggling to find a New Addington conveyancing firm on the Earl Shilton BS panel. Could you help?
Please do make the most of the search tool on this site. Pick the mortgage company and type New Addington or your location and you will see numerous solicitors based in New Addington or nearest you.
I have todaydiscovered that Wolstenholmes have been shut down. They conducted my conveyancing in New Addington for a purchase of a leasehold flat 12 months ago. How can I check that the property is in my name in the name of the previous owner?
The quickest method to see if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of New Addington conveyancing specialists.
Over the last few months I have been searching for a flat up to £235,500 and found one close by in New Addington I like with a park and station in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in New Addington suitable, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan the shortness of the lease will be an issue. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you could 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 existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
I am looking for a conveyancing solicitor in New Addington for my house move. Can I see a solicitor's complaints history with the profession’s regulator?
Anyone can review documented Solicitor Regulator Association (SRA) determinations arising from investigations commenced on or after Jan 2008. Go to Check a solicitor's record. To find details about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, dial +44 (0)121 329 6800. The regulator may monitor call for training reasons.