The Crayford conveyancing firm handling our Crayford conveyancing has identified an inconsistency between the information in the home valuation survey and what is in the legal papers for the property. My solicitor says that he must check that the lender is OK with this discrepancy and is content to go ahead. Is my solicitor’s approach legitimate?
Your conveyancer 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.
Our bank has recommended a law firm on their panel based in Crayford but I would rather choose a conveyancing lawyer in Crayford local to me. Can you assist?
The minority of Crayford conveyancing practitioners are listed all lender’s conveyancing panel. Use the above find an approved solicitor tool to locate a Crayford conveyancing firm on the on the lender panel.
My conveyancer has informed me that restrictive coveneant insurance is necessary on my purchase. What is the level of cover for Crayford conveyancing?
The right level of restrictive coveneant indemnity insurance should be dictated by who your lender. It would differ for example between National Westminster Bank and Chelsea Building Society. Conveyancing solicitors as opposed to members of the public take out such policies.
is it true that all Crayford conveyancing solicitors on the UBS conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the UBS approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel and in such a situation the organisation would be regulated by the CLC.
I am currently in the process of buying my council flat in Crayford. I have a mortgage offer with Bank of Ireland. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Bank of Ireland, you will need to appoint a solicitor on the Bank of Ireland conveyancing panel.
I am looking for a flat up to £195,000 and found one round the corner in Crayford I like with open areas and transport links in the vicinity, the downside is that it only has 61 years on the lease. I can't really find anything else in Crayford for this price, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a home loan that many years will likely be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
As co-executor for the estate of my uncle I am disposing of a property in Neath but reside in Crayford. My lawyer (approximately 200 kilometers from merequires that I sign a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Crayford to witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are Crayford based
Can you set examples of distinct advantages to instructing a high street solicitor in Crayford
Many purchasers and sellers in Crayford choose a nearby high street solicitor so that they can visit if they have concerns, and to collect documents without using the post.
There is a marginal edge in using a conveyancing practitioner nearby to the premises you are purchasing, due to the familiarity of the locality and possible local issues - however this is debatable. The majority of conveyancers carry out their work via email and may be almost anywhere.