The Seaview conveyancing firm handling our Seaview conveyancing has identified a discrepancy between the surveyor’s assumptions in the valuation survey and what is revealed within the title deeds. My solicitor says that he is duty bound to ensure that the bank is OK with this discrepancy and is content to go ahead. Is my solicitor’s course or action correct?
Your conveyancing practitioner 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 you.
Should commercial conveyancing searches reveal planned roadworks that could affect a commercial premises in Seaview?
Its becoming the norm that commercial conveyancing solicitors in Seaview will order a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Seaview. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Seaview.
For every commercial conveyancing transaction in Seaview it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may result in delays to Seaview commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Seaview.
I am looking for a flat up to £195,000 and identified one round the corner in Seaview I like with a park and railway links nearby, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Seaview in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
Should you need a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this.
I was pointed in your direction by a few estate agents in Seaview to find a conveyancer using your seach tool. Is there a financial upside for Estate Agents to promote your lawyers over alternative conveyancing organisations?
We don’t make any referral fee for pointing buyers and sellers in our direction. We thought it would be too underhand to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
In scouring the web for the phrase cheap conveyancing in Seaview it brings up many solicitorslocally. With so much choice what is the best way to find the suitable solicitor for purchase transaction?
The ideal way of choosing the right conveyancer is through a personal recommendation, so enquire of colleagues and family who have purchased a property in Seaview or the reputable estate agent or mortgage broker. Costs for conveyancing in Seaview vary, so it's advisable to secure a minimum of three fee calculations from different solicitors. Be sure to secure confirmation what costs in the quote includes.
Can a conveyancer remove a name from the title of my property in Seaview ?
Removing or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a property lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a solicitor