Our Old Oak Common lawyer has discovered an inconsistency between the assumptions in the valuation survey and what is revealed within the title deeds. My lawyer has advised that he is obliged to check that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s approach right?
Your lawyer must comply with the UK Finance Lenders’ Handbook provisions 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 wife and I purchasing a 4 bedroom semi-detached house in Old Oak Common. The intention is to carry out an extension to the side at the house.Will the conveyancing process involve investigations to see if these works were previously refused?
Your solicitor will check the deeds as conveyancing in Old Oak Common can sometimes reveal restrictions in the title deeds which restrict certain works or necessitated the permission of another owner. Some works require local authority planning consent and approval under the building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be wise to check these things with a surveyor ahead of any purchase.
I am currently in the process of buying my council flat in Old Oak Common. I have a mortgage agreed with Skipton. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Skipton, you will need to appoint a solicitor on the Skipton conveyancing panel.
The formalities of my remortgage has taken place for my property in Old Oak Common. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
2 months have elapsed since my purchase conveyancing in Old Oak Common took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the encouragement of my in-laws I had a survey completed on a property in Old Oak Common before instructing conveyancers. I have been informed that there is a flying freehold element to the property. The surveyor advised that some lenders will refuse to give a mortgage on a flying freehold house.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. Should you wish to telephone us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Old Oak Common. Conveyancing may be slightly more expensive based on your lender's requirements.
Is it possible to swap solicitor as I have to find one who is on the Santander conveyancing panel. I hired a local conveyancing solicitor in Old Oak Common five minutes from me but the firm is not accepted by Santander
It would be our pleasure to assist you select a conveyancing solicitor in Old Oak Common on the Santander panel. Please note that the property lawyers that we work with do not pay us a referral fee if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Old Oak Common. In utilising search facility on this site, you can scrutinise fees for conveyancing solicitors in Old Oak Common and throughout England and Wales.