My Benfleet solicitor has spotted an inconsistency when comparing the assumptions in the home valuation report and what is revealed within the title deeds. My solicitor informs me that he is obliged to check that the lender is happy with this discrepancy and is still content to lend. Is my conveyancer’s approach legitimate?
Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook provisions 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.
I am purchasing a flat and require a conveyancing solicitor in Benfleet who is on the Skipton Building Society approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Skipton Building Society in certain locations such as Benfleet. We dont recommend any particular firm.
I need some quick conveyancing in Benfleet as I am under an ultimatum to sign on the dotted line within 3 weeks. Thankfully I do not need a mortgage. Can I avoid the conveyancing searches to save fees and time?
If.Given you are are a mortgage free buyer you have the choice not to have searches conducted although no conveyancer would suggest that you don't. Drawing on years of experience of conveyancing in Benfleet the following are instances of what can arise and therefore impact future mortgageability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
Due to the encouragement of my in-laws I had a survey completed on a property in Benfleet ahead of appointing solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies may refuse to grant a loan on a flying freehold house.
It depends who your proposed lender is. Santander has different instructions from Birmingham Midshires. If you contact us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Benfleet. Conveyancing will be smoother if you use a solicitor in Benfleet especially if they are acquainted with such properties in Benfleet.
My brother has encouraged me to use his lawyers for conveyancing in Benfleet. Do I take his advice?
No doubt it’s preferable to select a conveyancing practitioner is to get referrals from friends or family who have actually used the firm you're contemplating using.
Why am I unable to complete my conveyancing in Benfleet on a bank holiday?
This is due to the fact that on completion the purchase price needs to be transferred electronically between the banks of the buyer and owner’s conveyancer and currently this can only happen on a business day. It is not possible to complete on a weekend either.