My Workington lawyer has identified a difference between the information in the valuation report and what is in the title deeds. My lawyer says that he must check that the bank is OK with this discrepancy and is still content to lend. Is my solicitor’s stance 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 you.
Finally the sale completed on my house in Workington last February but the buyer keeps SMS messaging daily complaining that her conveyancer needs to hear from mine. What should my lawyer have done now that I have sold?
Following your disposal your solicitor is committed to forward the transfer deeds and all of the paperwork to the purchaser's lawyers. Where relevant, your conveyancer should also evidence that the legal charge in favour of the lender has been discharged to the buyers solicitors. There are no post completion formalities unique to conveyancing in Workington.
I am purchasing a right to buy a flat in Workington. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Workington you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Workington.
I am buying a new build flat in Workington. Conveyancing is necessary evil 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.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Workington
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are architect prepared. 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 the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
What does commercial conveyancing in Workington cover?
Commercial conveyancing in Workington incorporates a broad range of guidance, given by regulated solicitors, relating to business premises. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.