The Headington conveyancing firm handling our Headington conveyancing has uncovered an inconsistency between the information in the home valuation survey and what is revealed within the title deeds. My lawyer has advised that he is obliged to check that the bank is happy with this discrepancy and is still content to lend. Is my conveyancer’s course or action legitimate?
Your conveyancer 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.
I have an AIP. The lender mentioned the loan came with free conveyancing. Is the implication that I have to instruct their panel conveyancer as I would much rather appoint a Headington based conveyancing firm?
You should check but the the likelihood is that give you one of their panel solicitors should you take up the "fee-free" incentive. Contact the bank and ask if they offer you a cash alternative. In the past a few mortgage companies offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor in Headington.
Just bought a detached house in Headington , What is the estimated time for the Land Registry to register the transfer to my name? My Headington conveyancing solicitor has been painfully slow, so I want to be certain that my name is registered.
As far as conveyancing in Headington registration is no quicker or slower than the rest of England and Wales. Rather than based on location, timeframes can vary depending on the party submitting the application, whether there are errors and whether the Land registry communicate with any third parties. As of today in the region of three quarters of submission are fully addressed within two weeks but occasionally there can be extensive hold-ups. Historically registration is effected after the buyer is living at the property therefore post completion formalities is not always top priority yet where it is urgent that the the registration takes place urgently then you or your conveyancer could contact the land registry and explain the circumstances.
I opted to have a survey completed on a property in Headington in advance of retaining lawyers. I have been informed that there is a flying freehold element to the property. My surveyor has said that some lenders may refuse to issue a mortgage on such a property.
It depends who your proposed lender is. HSBC has different requirements for example to Halifax. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Headington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Headington to see if the conveyancing costs will increase in light of this.
As co-executor for the will of my aunt I am selling a residence in Newport but reside in Headington. My lawyer (who is 235 kilometers awayrequires that I sign a statutory declaration before completion. Could you suggest a conveyancing solicitor in Headington who can attest and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are located in Headington
I need to review quotes for conveyancing in Headington from three conveyancing practitioner and choose one. Should I get them to hold tight until I I have an offer accepted on a house.
You should only ask your property lawyer to commence work and order searches once the sales memorandum has been issued by the selling agent particularly as Headington conveyancing searches are costly.