My Bury conveyancer has discovered a difference between the information in the valuation survey and what is revealed within the legal papers for the property. My solicitor has advised that he needs to ensure that the lender is OK with this discrepancy and is still content to lend. Is my lawyer’s course or action appropriate?
Your property lawyer 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.
As someone clueless as to conveyancing in Bury what’s the number one tip you can give me concerning the legal transfer of property in Bury
Not many law firms or advisers will tell you this but conveyancing in Bury and elsewhere in Greater Manchester is often a confrontational process. In other words, when it comes to conveyancing there exists lots of room for confrontation between you and other parties involved in the ownership transfer. For instance, the vendor, property agent and on occasion your mortgage company. Choosing a lawyer for your conveyancing in Bury should not be taken lightly as your conveyancer is your adviser, and is the ONE person in the legal process whose responsibility is to protect your legal interests and to keep you safe.
There is a definite ongoing adversarial element to conveyancing- someone must be at fault for the process being so protracted. You your first instinct should be to trust your conveyancer ahead of the other parties in the conveyancing process.
I am buying a house and need a conveyancing solicitor in Bury who is on the Skipton Building Society approved. Could you point me in the right direction as regards a conveyancing 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 Bury. We dont recommend any particular firm.
I purchased a 4 bedroom Georgian property in Bury. Conveyancing lawyer represented me and Barnsley Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, the second leasehold with the matching address. I thought I was buying a freehold how can I check?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bury and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing solicitor who conducted the purchase.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a straight forward, no chain conveyancing. Bury is where the house is located. Can you shed any light on this issue?
Flying freeholds in Bury are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bury you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bury may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Is it possible to swap solicitor as I need to retain a firm on the The Royal Bank of Scotland conveyancing panel. I had appointed a high street conveyancing solicitor in Bury five minutes from me but he is not accepted by The Royal Bank of Scotland
It would be our pleasure to help you find a conveyancing solicitor in Bury on the The Royal Bank of Scotland panel. Please note that the conveyancers that we on the directory do not pay us a referral fee if you instruct them and are regulated by the SRA who regulate all conveyancing solicitors in Bury. In making use of search facility on this website, you can scrutinise charges for conveyancing solicitors in Bury and beyond.