My North Harrow lawyer has uncovered a discrepancy when comparing the assumptions in the valuation survey and what is revealed within the title deeds. My solicitor informs me that he is obliged to check that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action 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 you.
I have an AIP. The bank mentioned the home loan came with free conveyancing. Does this mean I have to instruct their panel conveyancer as I would much rather use a local conveyancing solicitor in North Harrow?
You should check but the chances are that appoint one of their panel lawyers where you want the "fee-free" incentive. Contact the bank to explore if they allow a monetary alternative. Some mortgage companies have previously offered a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor in North Harrow.
I have recentlyfound out that Arc property Solicitors have been shut down. They conducted my conveyancing in North Harrow for a purchase of a leasehold apartment 9 months ago. How can I establish that the property is not still registered in the name of the previous owner?
The quickest way to check if the property is in your name, you can make 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 North Harrow conveyancing specialists.
How do I use the search facility to get a costs illustration from a conveyancing practitioner in North Harrow on the authorised to act for my lender?
1st select a mortgage company such as Barclays , Bank of Scotland or Barclays Direct then choose your preferred area for instance North Harrow. Conveyancing firms in North Harrow and further afield will then be identified.
I need to appoint a conveyancing solicitor for freehold conveyancing in North Harrow. I've chance upon a site which appears to be the perfect solution If it is possible to get all the legals completed via phone that would be ideal. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?