My Dingle conveyancer has discovered a difference when comparing the information in the home valuation survey and what is revealed within the legal papers for the property. My lawyer informs me that he is duty bound to check that the lender is happy with this discrepancy and is still content to lend. Is my conveyancer’s stance legitimate?
Your solicitor 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 you.
I am considering applying for a Principality mortgage for purchase of a newly converted (under development) in Dingle with 60% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Principality ?
In theory, you could use a solicitor that is not on the Principality conveyancing panel, but Principality would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
Me and my brother own a terraced Edwardian house in Dingle. Conveyancing practitioner represented me and Santander. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Dingle and other areas of 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 mortgage companies. You can also question the situation with your conveyancing solicitor who completed the work.
I am a sole trader wishing to take over a lease of a shop on a shopping parade. Can you recommend lawyers offering fixed costs for commercial conveyancing in Dingle for below £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Dingle, including the disposal and acquisition of businesses as well as simply premises. Whether you are looking to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right solicitor. As for the costs this will depend on the structure and complexity of the deal. Please provide us with your details or phone so as to enable us to furnish you with a detailed commercial conveyancing quote.
My husband and I are new on the property ladder - agreed a price, but the agent informed us that the seller will only go ahead if we instruct their chosen solicitors as they are insisting on an ‘expedited deal’. Our preferred option is to instruct a high street conveyancer used to conveyancing in Dingle
We suspect that the owner is unaware of this demand. Should the owner desire ‘a quick sale', alienating a motivated purchaser is counter productive. Try to communicate with the vendors directly and explain that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)however you intend to use your own,trusted Dingle conveyancing firm - rather thanthose that will provide their negotiator at the agency a introducer fee or hit his conveyancing figures set by senior management.
My father-in-law mentioned that when selecting a conveyancing lawyer they need approved by your lender. This is my first house move but I have an AIP with Birmingham Midhshires and I already have a family conveyancing solicitor in Dingle in place. Can Virgin Money require an approved lawyer to be used? Does a list of panel firms even exist so I can choose a conveyancing solicitor in Dingle?
You should instruct a solicitor that is on the Virgin Money panel. The first thing to do is ring your preferred Dingle conveyancing lawyer and ask if they are on the Virgin Money panel. If they are not on the panel you have numerous alternatives available to you here:
- Complete the deal with your chosen Dingle lawyer but Virgin Money will undoubtedly use a conveyancer on their approved panel. This will result in additional cost together with probable frustration.
- Get a fresh lawyer to conduct the conveyancing, making sure they are on the Virgin Money conveyancing panel.
- Appeal to your conveyancer to seek to join the bank panel.