The Frant conveyancing firm handling our Frant conveyancing has identified a discrepancy when comparing the surveyor’s assumptions in the valuation survey and what is in the title deeds. My lawyer says that he is obliged to ensure that the bank is OK with this discrepancy and is still content to lend. Is my solicitor’s approach correct?
Your conveyancer 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 both parties.
Is there a search tool that I can utilise to find out if the solicitor handling my conveyancing in Frant is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for National Westminster Bank thus paying £175.00 in another set of conveyancing costs.
You should take advantage of the search tool on this page. Please choose the lender and type ‘Frant’ or your location and you will be presented with a number of lawyer based in Frant or near you.
I just acquired a property at auction in Frant. Conveyancing is necessary. What happens now?
Having for all intents and purposes signed on the dotted line you must hire the services of a conveyancing practitioner quickly as you are facing a pending a fixed date to complete the deal. An auction property will ordinarily have a corresponding auction set of papers. This will likely include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the auction papers should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork pertinent to a leasehold property. You must give this to the lawyer working for you ASAP. You also need to ensure that that you have the requisite funding organised to complete the transaction on the set completion date.
I am the only beneficiary of my late father’s will and I have everything in my name now, including the my former home in Frant. Conveyancing formalities meant that the Land Registry date was in December. I want to move. I do know about the Mortgage Lenders six month 'rule', meaning my proprietorship will be considered the same way as if I'd bought the property in December. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. How sensible a view lenders take of it, depend on the lender as this requirement chiefly exists to identify subsales or the quick reselling of property.
I have decided to exercise my right to buy my property in Frant off the council. I have a mortgage agreed with Yorkshire BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Yorkshire BS, you will need to appoint a solicitor on the Yorkshire BS conveyancing panel.
I used Action Conveyancing a few years past for my conveyancing in Frant. I now require my file but cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Frant of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Taking into account that I will soon part with hundreds of thousands of pounds on a property in Frant I would like to have a conversation with the conveyancer regarding thehouse move in advance of giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you speaking to the solicitor who will be carrying out your property ownership legalities in Frant.There is no ‘factory style conveyancing’ - every client is unique individual, not a matter reference. The practices that we put you in touch with believe that the fees you are provided with for residential conveyancing in Frant should be the figure that you are charged.
I am buying a leasehold apartment in Frant. Conveyancing quotes are averaging around £two thousand. Is that reasonable?
The average cost in 2014 for conveyancing in Frant was just under one thousand five hundred pounds excluding SDLT and HMLR fees.