My Fitzrovia solicitor has spotted a difference when comparing the information in the valuation survey and what is in the conveyancing documents. My solicitor says that he needs to ensure that the lender is OK with this discrepancy and is still content to lend. Is my solicitor’s stance legitimate?
Your property lawyer must comply with the UK Finance Lenders’ Handbook conditions 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 buying a semi-detached house in Fitzrovia. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Fitzrovia you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Fitzrovia.
I have todaydiscovered that Wolstenholmes have been shut down. They conducted my conveyancing in Fitzrovia for a purchase of a freehold house 10 months ago. How can I check that my home is registered correctly in the name of the previous owner?
The easiest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Fitzrovia conveyancing specialists.
Just had an offer accepted on a new build apartment in Fitzrovia. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Fitzrovia
-
Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are surveyor prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
Due to the encouragement of my in-laws I had a survey completed on a property in Fitzrovia prior to appointing solicitors. I have been told that there is a flying freehold overhang to the house. Our surveyor advised that some lenders will refuse to give a mortgage on this type of home.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. If you e-mail us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Fitzrovia. Conveyancing may be slightly more expensive based on your lender's requirements.
If instructed can a conveyancer remove someone from the title of my property in Fitzrovia ?
Subtracting or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a property lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a solicitor