My Sturminster Newton conveyancer has identified an inconsistency between the information in the home valuation report and what is in the title deeds. My lawyer has advised that he is obliged to check that the lender 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 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.
Finally the sale completed on my house in Sturminster Newton last September yet the purchaser is Skype messaging me to moan that their conveyancer is waiting to hear from mine. What are the post completion sale legalities following completion?
Following your sale your conveyancer is obliged to deliver the transfer documentation and all of the paperwork to the buyer’s lawyers. Depending on the transaction, your lawyer should also send confirmation that the home loan has been redeemed to the buyers lawyers. There are no post completion steps just for conveyancing in Sturminster Newton.
Our lender has suggested solicitors on their panel based in Sturminster Newton but I would rather choose a conveyancing lawyer in Sturminster Newton local to me. Can you help?
The minority of Sturminster Newton conveyancing firms are on all lender’s conveyancing panel. Use our search tool to locate a Sturminster Newton conveyancing solicitor on the on the lender panel.
My wife and I purchasing a detached bungalow in Sturminster Newton. Our aim is to carry out an extension to the side at the house.Will the conveyancing process involve checks to determine if these alterations are prohibited?
Your conveyancer will check the deeds as conveyancing in Sturminster Newton will on occasion identify restrictions in the title deeds which prevent categories of changes or necessitated the permission of another owner. Many extensions need local authority planning consent and approval in accordance building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
I'm the single beneficiary of my late grandmother’s estate and I have everything in my name alone, including the my former home in Sturminster Newton. The Sturminster Newton property was put into my name in December. I want to move. I do know about the CML six month 'rule', which means that my property ownership will be considered the same way as if I'd bought the house in December. Will no one buy the property for half a year?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. How practical a view banks take of it, depend on the bank as this obligation is primarily there to identify the purchase and immediately sell or the flipping of properties.
I am due to exchange contracts on my flat. I had a double glazing fitted in July 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Lloyds are being difficult. The Sturminster Newton solicitor who is on the Lloyds conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Lloyds are insisting on a building regulation certificate. Why do Lloyds have a conveyancing panel if they don't accept advice from them?
It is probably the case that Lloyds have referred the matter to their valuer. The reason why Lloyds may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
We're FTB’s - agreed a price, but the property agent has warned us that the seller will only proceed if we appoint their recommended solicitors as they are insisting on a ‘quick sale’. My instinct tells me that we should use a local solicitor accustomed to conveyancing in Sturminster Newton
It is unlikely the sellers are driving this. Should the vendor desire ‘a quick sale', alienating a serious buyer is is going to put the whole deal at risk. Try to communicate with the vendors directly and make the point that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you will continue to instruct your own,trusted Sturminster Newton conveyancing solicitors - as opposed tothe ones that will earn the estate agent a kickback or achieve conveyancing targets demanded by HQ.