The Silsoe conveyancing firm handling our Silsoe conveyancing has uncovered a discrepancy between the assumptions in the valuation report and what is revealed within the title deeds. My lawyer has advised that he must ensure that the bank is OK 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 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 both parties.
Completed the sale of my flat in Silsoe last February yet the purchaser is e-mailing daily complaining that his lawyer needs to hear from mysolicitor. What should my lawyer have done now that I have sold?
Following your sale your lawyer should forward the transfer documentation and all of the paperwork to the buyer’s solicitors. Where relevant, your conveyancer should also confirm that the legal charge in favour of the lender has been redeemed to the purchasers lawyers. There is unlikely to be post completion formalities just for conveyancing in Silsoe.
My lender has recommended solicitors on their panel based in Silsoe but I would rather instruct a conveyancing lawyer in Silsoe round the corner to me. Are you able to assist?
Not all Silsoe conveyancing practitioners are listed all lender’s conveyancing panel. Use the above find an approved solicitor tool to find a Silsoe conveyancing conveyancer on the on the mortgage company panel.
Just had an offer accepted on a new build apartment in Silsoe. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Silsoe
There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I need to retain a conveyancing solicitor for some conveyancing in Silsoe. I happened to stumble upon a web site which appears to be the perfect answer If there is a chance to get all formalities done via phone that would be ideal. Should I be wary? What are the potential pitfalls?
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?