I selected a local firm for our conveyancing in Havant last week. After carefully reading the official terms of business I noteI am liable for costs even if the movedoes not happen. Should I ditch them and use an on-line firm offering no completion no cost conveyancing in Havant?
It is usually a trade off in that if "No Completion No Fee" is available then the fee levels will tend to be be more expensive to counteract those conveyances that do not proceed. Dont forget that such offerings rarely protect you from expenditure for instance Havant conveyancing search fees.
Our Havant conveyancer has discovered an inconsistency when comparing the assumptions in the valuation report and what is in the legal papers for the property. My solicitor says that he is duty bound to check that the bank is happy with this discrepancy and is still content to lend. Is my lawyer’s approach correct?
Your lawyer 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.
Can your site be used to locate a Conveyancing solicitor in Havant even if I’m not purchasing or selling a house, for example if I intend to buy a shop in Havant with a loan from Nottingham Building Society?
The service is mainly there to get a quote from residential conveyancing solicitors in Havant but we have set out towards the bottom of this page a selection of Havant commercial conveyancing firms. You should make contact with the firm directly to establish if they are also authorised to represent Nottingham Building Society
My wife and I have recently appointed a conveyancing solicitor in Havant. I I would like to check whether they are accepted on the Barclays conveyancing panel. Can you help?
You should call the lawyer and enquire if they can act for the bank. Alternatively you should call Barclays who may be able to help.
I am looking for a flat up to £195,000 and identified one close by in Havant I like with amenity areas and railway links in the vicinity, however it's only got 49 years unexpired on the lease. There is not much else in Havant in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a home loan that many years may be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.
My husband and I have agreed a price on a Havant property left to us seven years ago in 2009. I have over ten years conveyancing experience and, now retired, intend to do my own legal work. The purchaser's property lawyer has informed me that their mortgage company will not allow us to do our own conveyancing mandating that the funds to be transferred to a solicitor's bank account.
Lending requirements to conveyancing practitioners from all mainstream lenders specify that If the vendor does not have legal representation the buyer’s lawyers should check whether the lender needs to be notified so that a decision can be made as to whether they are prepared to progress.