My Carshalton solicitor has spotted a discrepancy between the assumptions in the valuation survey and what is in the legal papers for the property. My solicitor informs me that he is duty bound to ensure that the bank is happy with this discrepancy and is content to go ahead. Is my lawyer’s stance right?
Your solicitor 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.
When can the exchange of contracts take place for domestic conveyancing in Carshalton and am I required to be at the lawyers branch?
Where you are local to one of the conveyancing solicitors in Carshalton you are welcome to come in to sign the paperwork. However, the firms we work with supply countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when dealing with you electronically. The executing of the sale agreement is not the important part. A signed contract simply enables the firm to exchange contracts when the time is right, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Carshalton)to be in the office available at the end of the phone to exchange contracts.
We are expecting a mortgage offer soon. The bank mentioned the mortgage came with free conveyancing. Is the implication that I have to instruct their panel lawyer as I would much rather use a high street conveyancing solicitor in Carshalton?
Do check but the chances are that give you one of their panel conveyancers should you accept the "fee-free" offer. Speak to the bank and check if they offer you a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor near Carshalton.
I opted to have a survey carried out on a house in Carshalton prior to appointing conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some banks may refuse to give a mortgage on this type of house.
It varies from the lender to lender. Lloyds has different instructions for example to Birmingham Midshires. Should you wish to telephone us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Carshalton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Carshalton to see if the conveyancing costs will increase in light of this.
I am looking into buying my first house which is in Carshalton and I am already nervous. I couldn't find anything specific about Carshalton. Conveyancing will be needed in due course but do you know about the Carshalton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Carshalton. In the meantime here are some basic statistics that we found
My step-father has recommend that I instruct his conveyancing solicitors in Carshalton. Should I find my own conveyancer?
No doubt the best way to find a conveyancing solicitor is to seek guidance from friends or family who have actually previously instructed the conveyancer you're are thinking of instructing.