The Chalfont St Giles conveyancing firm handling our Chalfont St Giles conveyancing has uncovered a difference when comparing the assumptions in the valuation survey and what is in the legal papers for the property. My lawyer says that he must check that the bank is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action right?
Your conveyancer must comply with the UK Finance Lenders’ Handbook specifications 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.
Me and my partner are purchasing a apartment in Chalfont St Giles. I might seem paranoid but how we can trust a solicitor? On the day of competition we will need to deposit money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
There are plenty of conveyancing solicitors in Chalfont St Giles but how do I know who's good?
It would be unwise to be swayed by the lowest Chalfont St Giles conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
What is the difference between a licensed conveyancer and conveyancing solicitor in Chalfont St Giles
There are many registered licenced Conveyancers in Chalfont St Giles and Solicitor practices in Chalfont St Giles who can assist with your conveyancing It is important to make clear that both are regulated professionals specialising in the legal aspects of transferring property. The two can deal with associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
five months have elapsed following my purchase conveyancing in Chalfont St Giles took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey completed on a house in Chalfont St Giles ahead of appointing solicitors. I have been told that there is a flying freehold overhang to the property. My surveyor has said that some mortgage companies tend refuse to issue a loan on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. If you contact us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Chalfont St Giles. Conveyancing may be slightly more expensive based on your lender's requirements.
Should I instruct a Chalfont St Giles conveyancing practitioner who is local to the property I am hoping to buy? An old friend can execute the conveyancing however her office is 200kilometers away.
The primary upside of using a local Chalfont St Giles conveyancing practice is that you can pop in to execute documents, present your identification documents and pester them if necessary. They will also have local intelligence which is a bonus. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and the majority were happy that should trump using an unfamiliar Chalfont St Giles conveyancing solicitor solely due to them being Chalfont St Giles based.
My conveyancing in Chalfont St Giles completes this Friday, yet the person I am buying from has asked to move out the next day at afternoon. Do I agree to this?
It is not possible to complete on a Saturday due to the bank systems are not operating.