The Seascale and Sellafield conveyancing firm handling our Seascale and Sellafield conveyancing has spotted an inconsistency between the surveyor’s assumptions in the home valuation survey and what is in the conveyancing documents. My solicitor informs me that he needs to ensure that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s approach legitimate?
Your property lawyer 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 bid for a property was accepted at auction in Seascale and Sellafield. Conveyancing is necessary. What is next?
Now that you are to in every practical sense signed on the dotted line you should appoint a conveyancing solicitor as a matter of urgency as you are faced with a fast approaching deadline in which to complete the transaction. An auction property will have an associated legal pack. This will likely include most,if not all of the paperwork that your conveyancer requires. In the case of leasehold property the auction pack may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to a leasehold property. You must give this to the solicitor instructed by you as soon as possible. You also need to ensure that your finances are in order to complete on the date specified in the contract.
is it true that all Seascale and Sellafield solicitor practices on the Principality conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Principality conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel in which case such organisation would be regulated by the Council of Licensed Conveyancers.
We previously selected solicitors based in Seascale and Sellafield on the RBS solicitor approved list. They have just billed me a separate sum for handling the RBS mortgage. Is this an additional conveyancing fee set by RBS?
Provided it is contained in their Terms of Engagement or estimate then yes your property lawyer is entitled to charge a fee for this. The fee is not set by RBS but by your Seascale and Sellafield conveyancing practitioner. Plenty of firms on the RBS panel will quote ’dealing with mortgage’ fee and others do not.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Seascale and Sellafield?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Seascale and Sellafield. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Seascale and Sellafield differ for newly converted properties?
Most buyers of new build or newly converted property in Seascale and Sellafield contact us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is completed. This is because builders in Seascale and Sellafield typically buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Seascale and Sellafield or who has acted in the same development.
I have been sourcing a conveyancing solicitor in Seascale and Sellafield for my home move. Is there any facility to review a solicitor's record with the profession’s regulator?
Anyone may review presented Solicitor Regulator Association (SRA) determinations stemming from investigations started on or after Jan 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The SRA may recorded telephone calls for training requirements.