I was advised today by my estate agent that my Gosport solicitor is not on the mortgage company Solicitor panel. What can I do to be certain that this is indeed the case?
The first thing you need to do is to call your Gosport conveyancer. You lawyer should notify you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your mortgage company.
The Gosport conveyancing firm handling our Gosport conveyancing has uncovered a discrepancy when comparing the surveyor’s assumptions in the home valuation survey and what is in the title deeds. My solicitor has advised that he is duty bound to ensure that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s course or action correct?
Your solicitor must comply with the UK Finance Lenders’ Handbook provisions 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 have been referred to a conveyancing solicitor in Gosport. I need to find out if they are on the Britannia conveyancing panel. Can you advise?
You should e-mail the solicitor and enquire whether they can act for the lender. Otherwise please call Britannia who may be able to assist.
Over the last few months I have been searching for a flat up to £235,500 and found one near me in Gosport I like with a park and station nearby, the downside is that it only has 51 years on the lease. There is not much else in Gosport in this price bracket, so just wondered if I would be making a mistake buying a short lease?
If you require a mortgage the remaining unexpired lease term will be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
I have been recommended by numerous property agents in Gosport to locate a property lawyer on your site. Is there a financial inducement for Estate Agents to recommend your lawyers rather than alternative conveyancing organisations?
We refuse to give any referral fee for directing people in our direction. We thought it would be too underhand a fee as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
In my capacity as executor for the estate of my grandfather I am selling a residence in Cardiff but reside in Gosport. My lawyer (approximately 300 miles awayrequires that I sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing lawyer in Gosport to attest this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are based in Gosport