The Timsbury conveyancing firm handling our Timsbury conveyancing has uncovered a discrepancy between the assumptions in the home valuation report and what is in the legal papers for the property. My solicitor has advised that he is obliged to check that the lender is happy with this discrepancy and is content to go ahead. Is my lawyer’s approach appropriate?

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.

What is the best way to find out if the solicitor handling my conveyancing in Timsbury is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays Direct thus paying £175.00 in further legal bill.

Please do make the most of the find a lender approved solicitor tool on this page. Please choose the lender and type ‘Timsbury’ or your preferred area and you will be presented with a number of lawyer offices in Timsbury or nearest you.

Have purchased a a detached house in Timsbury , What is the estimated time for the Land Registry to register my ownership? My Timsbury conveyancing solicitor has been very slow, so I want to be sure the land registry aspects are concluded.

As far as conveyancing in Timsbury is concerned, registration is no faster or slower than anywhere else in the country. Rather than based on location, timescales can adjust according to the party submitting the application, whether it is in order and whether the Land registry communicate with any interested parties. Currently approximately three quarters of submission are fully addressed within two weeks but some can be subject to protracted delays. Registration occurs once the buyer has moved in to the premises so post completion formalities is not usually an essential issue but where it is urgent that the the registration takes place urgently then you or your lawyers can speak with the land registry and explain the circumstances.

I decided to have a survey completed on a house in Timsbury ahead of instructing solicitors. I have been informed that there is a flying freehold element to the house. My surveyor advised that some mortgage companies will refuse to issue a loan on this type of property.

It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Timsbury. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Timsbury to see if the conveyancing will be more expensive.

I own a leasehold house in Timsbury. Conveyancing and Leeds Building Society mortgage organised. A letter has just been received from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1997. The conveyancing solicitor in Timsbury who acted for me is not around. Any advice?

First contact the Land Registry to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. There is no need to instruct a Timsbury conveyancing solicitor to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

Timsbury Conveyancing for Leasehold Flats - A selection of Queries before Purchasing

Please tell me if there are any major works on the horizon that could increase the service fees? What prohibitions exist in the Timsbury Lease? The best form of lease structure is a share of the freehold. In this situation the tenants enjoy being in charge if their destiny and although a managing agent is usually retained where the building is larger than a house conversion, the managing agent acts for the leaseholders themselves.