The Wolverton conveyancing firm handling our Wolverton conveyancing has spotted an inconsistency when comparing the assumptions in the home valuation survey and what is in the title deeds. My lawyer says that he is obliged to check that the bank is happy with this discrepancy and is content to go ahead. Is my lawyer’s course or action legitimate?
Your solicitor must comply with the UK Finance Lenders’ Handbook conditions 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.
My grandmother passed away 10 months ago and as sole heir and executor I was left the property in Wolverton. The house had a small mortgage left on it of around £5k. I want to transfer the title deeds into my name whilst I re-mortgage to Co-operative, pay off the mortgage. Is this allowed?
Given you plan to refinance then Co-operative will require that you use a conveyancer on the Co-operative conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Co-operative conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Co-operative mortgage is registered as a charge at the Land Registry.
We are buying a detached bungalow in Wolverton. We would like to an extension at the rear at the property.Will legal due diligence on the property include checks to ascertain if these alterations are allowed?
Your property lawyer will review the registered title as conveyancing in Wolverton will on occasion reveal restrictions in the title deeds which prevent certain alterations or necessitated the consent of another owner. Some works call for local authority planning permissions and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be sensible to check these issues with a surveyor ahead of any purchase.
We have agreed to purchase a house in Wolverton. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Aldermore be concerned?
As your lender is Aldermore your lawyer must comply with the conveyancing instructions outlined in Section 2 of UK Finance Lenders’ Handbook for Aldermore. The Council of Mortgage Lenders’ Handbook stipulates minimum requirements for solar panel roof-space leases, and property lawyers are required to report to Aldermore where a lease does not comply with these conditions. The provisions relate to the installation of panels on properties nationwide and is not limited to Wolverton.
Completion of my remortgage has taken place for my property in Wolverton. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I have justfound out that Action Conveyancing have been shut down. They conducted my conveyancing in Wolverton for a purchase of a leasehold flat 9 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?
The easiest way to see if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wolverton conveyancing specialists.
Am I best advised to instruct a Wolverton conveyancing practitioner who is local to the property I am buying? We have a good friend who can handle the conveyancing however his firm is located 400kilometers drive away.
The primary upside of using a local Wolverton conveyancing firm is that you can attend the office to sign documents, deliver your identification documents and pester them if necessary. Having local Wolverton know how is a benefit. That being said it's more important to get someone that will do a good and efficient job. If you know people who used your friend and in the main were impressed that must outweigh using an unfamiliar Wolverton conveyancing solicitor solely due to them being Wolverton based.