The Barlestone conveyancing firm handling our Barlestone conveyancing has identified an inconsistency between the surveyor’s assumptions in the home valuation report and what is in the title deeds. My solicitor has advised that he needs to check that the lender is happy with this discrepancy and is content to go ahead. Is my solicitor’s approach legitimate?
Your conveyancing practitioner 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.
In what way does my ID and proof of funds have anything to do with my conveyancing in Barlestone? What am I being asked for?
Anti-terror and anti-money-laundering regulations require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing retainer. The Terms and Conditions that you need to sign will no doubt stipulate this. Your lender will also require certain documents to be checked. Where you are unwilling to provide identification documents, your solicitor can not take you on as a client.
I am considering applying for a Kent Reliance mortgage for purchase of a newly converted (under development) in Barlestone with 70% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Kent Reliance ?
In theory, you could use a solicitor that is not on the Kent Reliance conveyancing panel, but Kent Reliance would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
I moved into my flat on 9 June and my personal details is not yet on the land registry website. Need I be worried? My conveyancing solicitor in Barlestone expressed confidence that it will be concluded in a couple of weeks. Are transfers in Barlestone uniquely lengthy to register?
As far as conveyancing in Barlestone is concerned, registration is no faster or slower than the rest of England and Wales. Rather than based on location, timescales can adjust according to the party submitting the application, whether there are errors and whether the Land registry need to notify any other persons or bodies. At present in the region of three quarters of submission are fully addressed in less than three weeks but some can be subject to protracted hold-ups. Historically registration occurs once the new owner has moved in to the property thus post completion formalities is not always top priority but where there is a degree of urgency associated with the registration then you or your lawyers must communicate with the Registry to express the reasoning for an expedited registration.
I opted to have a survey done on a property in Barlestone prior to instructing conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some lenders tend not issue a loan on a flying freehold home.
It varies from the lender to lender. HSBC has different instructions for example to Halifax. Should you wish to telephone us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Barlestone. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Barlestone to see if the conveyancing will be more expensive.
I have finally had an offer on an flat in Barlestone accepted, the owner does however have a dependent purchase. The current proprietors have submitted an offer on a flat, however it’s not been accepted yet, and are looking at other properties in the pipeline. I have instructed a nearby conveyancing lawyer in Barlestone. What do I do now? When do I get the mortgage application with Clydesdale started with Clydesdale?
It is usual to have apprehensions where there is an associated chain given your reluctance to be too out of pocket prematurely (mortgage application is in the region of one thousand pounds, then valuation, Barlestone conveyancing search costs, etc). First, you should check that your conveyancer is on the Clydesdale approved list. As to the subsequent phase this very much depends on the specifics of your case, desire for this property and on the state of the market. In a buoyant market many home buyers will apply for the mortgage with Clydesdale and arrange for the survey and only if it was satisfactory would they request their solicitor to proceed with the conveyancing in Barlestone.