The Grove conveyancing firm handling our Grove conveyancing has spotted a difference between the surveyor’s assumptions in the home valuation survey and what is revealed within the legal papers for the property. My solicitor has advised that he must ensure that the lender is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action right?
Your property lawyer 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 both parties.
Should my lawyer be raising questions concerning flooding as part of the conveyancing in Grove.
Flooding is a growing risk for solicitors conducting conveyancing in Grove. There are those who acquire a property in Grove, fully aware that at some time, it may be flooded. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or dispose of the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Lawyers are not qualified to give advice on flood risk, however there are a number of checks that may be undertaken by the buyer or on a buyer’s behalf which should give them a better appreciation of the risks in Grove. The standard property information forms supplied to a purchaser’s lawyer (where the Conveyancing Protocol is adopted) includes a standard question of the vendor to discover whether the property has ever been flooded. In the event that flooding has previously occurred which is not notified by the owner, then a purchaser may bring a compensation claim stemming from an inaccurate reply. The buyer’s lawyers may also commission an environmental search. This should higlight if there is a recorded flood risk. If so, more detailed investigations should be conducted.
I used Stirling Law a few years past for my conveyancing in Grove. I now require my file but cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down 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 Grove 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.
How does conveyancing in Grove differ for new build properties?
Most buyers of new build premises in Grove contact us having been asked by the builder to exchange contracts and commit to the purchase even before the house is ready to move into. This is because builders in Grove usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Grove or who has acted in the same development.
I am using a search engine for the words conveyancing in Grove it reveals many conveyancersin the vicinity. How do I determine which is the right conveyancing solicitor for my move?
The preferential way of finding the right conveyancer is through a trusted referral, so enquire of colleagues and those you trust who have purchased a property in Grove or a local estate agent or mortgage broker. Charges for conveyancing in Grove vary, so it's sensible to obtain a minimum of three fee calculations from different conveyancers. Be sure to seek confirmation what costs in the quote includes.
I am looking for Grove online conveyancing estimates. Can I be sure that all the Grove practices that are identified on your website are on the mortgage company conveyancing panel?
The law firms on our directory have assured us via an online form that they are on the lender panel and agreed to advise us to take down their listing in the event of removal off of the bank panel. To date we have not been informed by either a lender or a member of the public that the data about a specific Grove firm being on the mortgage company conveyancing panel is not accurate.