The Wembley Park conveyancing firm handling our Wembley Park conveyancing has spotted a discrepancy between the information in the home valuation survey and what is in the conveyancing documents. My lawyer says that he must check that the lender is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action legitimate?
Your 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.
I have been referred to a conveyancing solicitor in Wembley Park. I I am struggling to find out if they are accepted on the The Mortgage Works approved list of lawyers. Could you or the lender confirm if they are on the panel?
You should e-mail your solicitor and ask them whether they can act for the lender. Otherwise you should call The Mortgage Works who may be able to help.
Do I need to pay for insurance to address the risk of chancel repairs when purchasing a house in Wembley Park?
Unless a previous acquisition of the house took place post 12 October 2013 you can take it that conveyancing practitioners carrying out conveyancing in Wembley Park to continue to advocate a chancel search and or insurance against a claim.
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what was supposed to be a simple, chain free conveyancing. Wembley Park is the location of the property. Can you shed any light on this issue?
Flying freeholds in Wembley Park are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Wembley Park you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wembley Park may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
We are 17 days into a freehold purchase having been recommend to solicitors by the high street agent to handle our conveyancing in Wembley Park. I am not happy. Could you help me find new conveyancers?
They would have to be really poor in order to consider changing them. Has your mortgage offer been issued? In the event that it has you need to inform them of the new lawyer and have the loan are re-sent. Your new solicitor ideally should be on the banks approved list to avoid added expenses and delays. That should be your starting point. The search tool should assist you in finding a lender approved conveyancer for your conveyancing in Wembley Park