The Flitwick conveyancing firm handling our Flitwick conveyancing has spotted an inconsistency when comparing the assumptions in the home valuation survey and what is in the legal papers for the property. My solicitor has advised that he is duty bound to check that the bank is OK with this discrepancy and is still content to lend. Is my solicitor’s stance right?
Your property lawyer 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 have todaybeen informed that Stirling Law have been shut down. They carried out my conveyancing in Flitwick for a purchase of a leasehold apartment 10 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The quickest method to check if the property is registered to you, you can carry out 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 Flitwick conveyancing specialists.
I decided to have a survey carried out on a house in Flitwick prior to retaining lawyers. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some mortgage companies may not give a mortgage on such a premises.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. If you contact us we can investigate further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Flitwick. Conveyancing will be smoother if you use a solicitor in Flitwick especially if they are familiar with such properties in Flitwick.
My father-in-law has suggested that I use his conveyancers in Flitwick. Should I use them?
Much as we are happy to recommend a Flitwick conveyancing lawyer it’s preferable to select a conveyancing practitioner is to have feedback from friends or relatives who have previously instructed the firm you're are thinking of instructing.
I am hoping to put an offer on a small detached house that seems to be perfect, at a reasonable price which is making it more attractive. I have subsequently found out that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns buying a leasehold house in Flitwick. Conveyancing advisers have are about to be appointed. Will they explain the issues?
The majority of houses in Flitwick are freehold rather than leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can assist with the conveyancing process. We note that you are purchasing in Flitwick in which case you should be looking for a Flitwick conveyancing solicitor and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. As a lessee you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example requiring the freeholder’sconsent to carry out changes to the property. You may also be required to pay a contribution towards the upkeep of the communal areas where the house is part of an estate. Your lawyer will advise you fully on all the issues.
Flitwick Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
What prohibitions exist in the Flitwick Lease? How many years remain on the lease?
I have today placed an offer on a leasehold flat in Flitwick and the broker that we are using suggested his conveyancer. They quoted £1000 plus VAT and 3rd party costs. Does this sound expensive?
Don't just go on 1 quote. You should seek like-for-like quotes for your conveyancing in Flitwick. Then select one that you trust and just as important, is on the approved list of the mortgage company that you are sourcing your mortgage from.