Much to our surprise we have been informed by our lender that my Penwortham lawyer is not on the mortgage company Solicitor panel. What can I do to be certain whether this is indeed the case?
The first thing you need to do is to call your Penwortham lawyer directly. You lawyer should inform you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your bank.
The Penwortham conveyancing firm handling our Penwortham conveyancing has uncovered an inconsistency between the information in the valuation survey and what is in the legal papers for the property. My lawyer informs me that he must check that the lender is OK with this discrepancy and is still content to lend. Is my solicitor’s stance appropriate?
Your conveyancing practitioner 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 you.
What can a local search inform me concerning the house my wife and I buying in Penwortham?
Penwortham conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations for instance Searchflow The local search plays an important role in most Penwortham conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search will reveal data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
Despite weeks of looking the Title Certificate and documents to my house are lost. The solicitors who handled the conveyancing in Penwortham 5 years ago no longer exist. What do I do?
You no longer need to hold title original deeds to prove you are the owner of your registered land or property, as the Land Registry hold details of all registered land or property electronically.
Am I right to be suspicious by estate agents that I am dealing with are recommending a national conveyancing firm as opposed to a local Penwortham conveyancing firm?
As is the case with lots of professional services, often input from family and friends can be extremely useful or valuable. But there are many players in a conveyancing transaction; estate agents, mortgage brokers and banks might all recommend conveyancers to select. Sometimes these solicitors might be known to one of the organisations as being good in their field, but sometimes there is an underlying financial incentive behind the recommendation. You have the discretion to select your own lawyer. However, bear in mind that some mortgage providers operate an approved list of solicitors you have to use for the lender aspect of your transaction.
How much experience do your Penwortham conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Penwortham conveyancing lawyers help thousands of people move home every year and supported lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Penwortham conveyancers have worked on recent similar matters.