The Addlestone conveyancing firm handling our Addlestone conveyancing has identified an inconsistency when comparing the assumptions in the valuation survey and what is in the legal papers for the property. My lawyer informs me that he is duty bound to ensure that the lender is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action correct?
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.
Can your site be used to find a Conveyancing solicitor in Addlestone even if I’m not purchasing or selling a house, for instance if I intend to buy an office in Addlestone with a mortgage from Bank of Ireland?
Our comparison service is mainly used to get a quote from domestic conveyancing solicitors in Addlestone but we have listed towards the bottom of this page a few Addlestone commercial conveyancing firms. You will need to speak with the company directly to establish if they are also authorised to represent Bank of Ireland
My home in Addlestone is up for sale and I have accepted an offer. Will my conveyancing practitioner need to be required to be on the Lloyds conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Lloyds conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently at the moment.
I have been on the look out for a flat up to £245,000 and found one round the corner in Addlestone I like with open areas and station nearby, however it's only got 61 remaining years left on the lease. I can't really find anything else in Addlestone for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you require a home loan that many years will likely be an issue. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
My uncle has urged me to use his conveyancing solicitors in Addlestone. Should I choose my own property lawyer?
No doubt it’s preferable to find a conveyancing solicitor is to seek referrals from friends or family who have experience in using the solicitor you're are thinking of instructing.
How much experience do your Addlestone conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Addlestone conveyancing lawyers help thousands of people move home every year and helped plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Addlestone conveyancers have worked on recent similar cases.