My Fawley solicitor has uncovered a difference between the assumptions in the valuation survey and what is revealed within the legal papers for the property. My solicitor has advised that he needs to check that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s course or action appropriate?
Your conveyancing practitioner 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.
I just bought a flat at auction in Fawley. Conveyancing is needed. What are my next steps?
Given that you are now exchanged you should choose a conveyancing solicitor as a matter of urgency as you are faced with a pending a fixed date to complete the deal. An auction property will ordinarily have a bespoke legal pack. This will likely include evidence of title and search results. If you have purchased leasehold property the conveyancing pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork specific to a leasehold property. You must hand this to the conveyancer instructed by you ASAP. You also need to ensure that your finances are in place to complete on the date specified in the contract.
My husband and I are in the throws of viewing apartments in Fawley and I am now considering a potential offer. Is it premature to have a solicitor in place? I will be getting a home loan with Nationwide.
You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. Given that you are obtaining a mortgage with Nationwide, make sure you remember to check that your lawyer is on the Nationwide conveyancing panel.
I have today made my last payment due on my mortgage with Co-operative. I assume I don't need a Fawley property lawyer on the Co-operative panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Co-operative mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Co-operative mortgage from the register. Co-operative, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
I am purchasing my first flat in Fawley with a loan from Clydesdale. The builders would not move on the amount so I negotiated 6k of extras instead. The estate agent advised me not to tell my lawyer about the side-deal as it may affect my loan with Clydesdale. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Are there any apps to assist me to locate a Fawley solicitor on the Barnsley Building Society conveyancing panel? I am a keen cyclist and am willing to travel upto 20kilometers to meet the conveyancer.
Feel free to make use of the facility on this page. Please select a lender and your location and you will see a number of Fawley conveyancing lawyers located nearest you. We have listed some Fawley conveyancing firms towards the end of this page and you can call them to see if they are on the Barnsley Building Society member panel
As co-executor for the will of my aunt I am disposing of a house in Monmouth but I am based in Fawley. My conveyancer (based 260 kilometers awayneeds me to sign a statutory declaration ahead of completion. Can you recommend a conveyancing practitioner in Fawley who can witness this legal document for me?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will do regardless of whether they are Fawley based
Are there any apps to help find a Fawley conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to twentymiles to meet the solicitor.
Feel free to make use of the find a conveyancing panel search on this page. Please choose the lender and your location, in this case Fawley and you will see a number of lawyer located nearest Fawley. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the mortgage company solicitor panel.