The Grove Park conveyancing firm handling our Grove Park conveyancing has discovered a discrepancy between the surveyor’s assumptions in the valuation survey and what is revealed within the title deeds. My solicitor informs me that he is duty bound to check that the lender is happy with this discrepancy and is content to go ahead. Is my lawyer’s approach appropriate?
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 you.
My husband and I are buying a newly converted flat in Grove Park with a loan from Skipton Building Society.We use our Grove Park conveyancing solicitor but Skipton Building Society advised that he's not listed on their approved list of member firms. we are left little option but to use a Skipton Building Society panel solicitor or retain our high street solicitor and fork out for a Skipton Building Society panel lawyer to act for them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The home loan offered to you is subject to its terms and conditions, a common one being that conveyancers needs to be on the Skipton Building Society approved list. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your solicitors to apply to be on the conveyancing panel for Skipton Building Society
It has been three months since my purchase conveyancing in Grove Park took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been on the look out for a ground for flat up to £245,000 and identified one round the corner in Grove Park I like with amenity areas and station nearby, however it only has 52 remaining years left on the lease. There is not much else in Grove Park for this price, so just wondered if I would be making a grave error buying a short lease?
If you require a home loan the shortness of the lease may be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
My business partner and I are intending to lease a unit on a shopping parade. Can you recommend lawyers offering fixed charges for non-domestic conveyancing in Grove Park for under 1500k?
We can recommend firms who have specialist knowledge of commercial conveyancing in Grove Park, including the disposal and purchase of businesses as well as simply premises. Whether you are intending to acquire or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will find you the right lawyer. As for the charges this will depend on the structure and terms of the deal. Let us have your details or call us so that we can provide you with comprehensive commercial conveyancing calculation.
I need to appoint a conveyancing solicitor for my conveyancing in Grove Park. I have stumble upon a web site which appears to be the perfect answer If there is a chance to get all formalities done via phone that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?