My Dover conveyancer has discovered a discrepancy when comparing the assumptions in the home valuation survey and what is in the legal papers for the property. My lawyer says that he is obliged to ensure that the bank is happy with this discrepancy and is still content to lend. Is my conveyancer’s stance appropriate?
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 both parties.
Having sold my house in Dover last August yet the purchaser is telephoning me to say her conveyancer is waiting to hear from mine. What should have happened now that I have sold?
Following your house sale your conveyancer should deliver the transfer deeds and all of the paperwork to the purchaser's lawyers. If applicable, your conveyancer should also send confirmation that the mortgage has been repaid to the buyers conveyancers. There is unlikely to be post completion procedures specific conveyancing in Dover.
I have a terraced Georgian house in Dover. Conveyancing solicitor represented me and Birmingham Midshires. I did a free Land Registry search last week and I saw two entries: the first freehold, the second leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to 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 Dover 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 purchasers. You can also enquire as to the position with your conveyancing lawyer who carried out the work.
Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Dover is the location of the property. Is there any advice you can impart?
Flying freeholds in Dover are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Dover you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dover may ascertain 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 property.
I have been advised by a number of property agents in Dover to choose a conveyancer using your seach tool. What’s the financial upside for Estate Agents to market your site ahead of another?
We don’t offer any referral fee for directing people in our direction. We thought it would be too underhand a fee because home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I’m about to sell my 2 bed apartment in Dover.Conveyancing is yet to be initiated however I have recently received a quarterly maintenance charge demand – what should I do?
It best that you discharge the service charge as usual as all ground rent and maintenance invoices will be allottedas part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially