It has come to my attention via my financial adviser that my Greenhithe lawyer is not on the mortgage company Conveyancing panel. What can I do to check?
You need to call your Greenhithe lawyer directly. It is reasonable to expect your lawyer to notify you of the situation. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
The Greenhithe conveyancing firm handling our Greenhithe conveyancing has identified a difference when comparing the assumptions in the home valuation survey and what is in the legal papers for the property. My lawyer says that he is duty bound to ensure that the lender is OK with this discrepancy and is content to go ahead. Is my lawyer’s approach legitimate?
Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook requirements 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 purchasing a terraced house in Greenhithe. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Greenhithe you will have to appoint a solicitor on your bank'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 Greenhithe.
We are planning to move house in March. Will my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you suggest a removal company in Greenhithe. Conveyancing lawyer was found before I stumbled across this website.
On the day of completion you can pick up the house keys from your property agent but this should only happen once the vendors lawyers inform the agent that they acknowledge receipt of the completion payment and the keys can be collected. You can inform the removal men that they can start moving you in. We do not suggest a particular removal organisation but can assist you in locating a residential property solicitor in Greenhithe or a solicitor with expertise in conveyancing in Greenhithe.
The formalities of my purchase has taken place for my property in Greenhithe. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
It is unclear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Greenhithe bank branch on various occasions and was told it wasn't a problem and they would lend. My Greenhithe conveyancing solicitor - who is on the lender conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. Who do I believe?
Your solicitor must follow the CML Handbook section two requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I opted to have a survey done on a property in Greenhithe ahead of retaining conveyancers. I have been told that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies may not give a mortgage on a flying freehold house.
It varies from the lender to lender. Bank of Scotland has different requirements from Birmingham Midshires. If you contact us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Greenhithe. Conveyancing will be smoother if you use a solicitor in Greenhithe especially if they regularly deal with such properties in Greenhithe.
I have been pointed in your direction by a few estate agents in Greenhithe to locate a conveyancer on your site. What’s the financial upside for Estate Agents to offer your services over and above alternative conveyancing organisations?
We don’t make any commission for directing people in our direction. We thought it would be too underhand a fee because home movers will 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.