Our Walderslade lawyer has identified an inconsistency between the information in the home valuation report and what is revealed within the title deeds. My lawyer has advised that he is duty bound to check that the lender is OK with this discrepancy and is still content to lend. Is my conveyancer’s approach correct?
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 both parties.
Can your site be used to find a Conveyancing solicitor in Walderslade even where I’m not purchasing or selling a house, for instance if I want to buy an office in Walderslade with a loan from Chelsea Building Society?
Our comparison service is primarily there to find residential conveyancing solicitors in Walderslade but we have recorded at the end of this page a few Walderslade commercial conveyancing firms. You will need to speak with the firm directly to check if they are also authorised to represent Chelsea Building Society
Over the last few months I have been searching for a ground for flat up to £195,000 and found one near me in Walderslade I like with a park and railway links nearby, the downside is that it only has 49 years on the lease. There is not much else in Walderslade in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a home loan the remaining unexpired lease term may be problematic. Reduce the price by the expected 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 can ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
What tools are available to identify a Walderslade law firm on the Santander conveyancing panel? I am a keen cyclist and am prepared to travel upto 25kilometers to meet the solicitor.
You can use the search on this website. Please select a mortgage company and your location and you will see a number of Walderslade conveyancing lawyers locally. We have detailed some Walderslade conveyancing firms at the bottom of this page and you can call them to verify whether they are on the Santander panel
We're first time buyers - agreed a price, yet the estate agent told us that the seller will only issue a contract if we instruct their preferred conveyancers as they need an ‘expedited deal’. We would rather use a family conveyancer with experience of conveyancing in Walderslade
It is improbable the vendors are behind this. Should the vendor want ‘a quick sale', alienating a motivated purchaser is likely to cause more damage than good. Contact the sellers directly and make the point that (a)you are keen to buy (b)you are ready to go, with finances in place © you are chain free (d) you intend to proceed fast (e)but you intend to instruct your own,trusted Walderslade conveyancing lawyers - not the ones that will give the estate agent a kickback or achieve conveyancing targets demanded by head office.
Why do I have to send my conveyancing practitioner with a list of items of identification before they can proceed with my conveyancing in Walderslade?
Walderslade conveyancers are obliged by the Law Society, SRA, HM Land Registry and current Money Laundering Regulations to record that the have checked the identity of their clients. It is also sometimes a requirement of your lender if you are obtaining a mortgage. In addition they have to complete various forms, particularly those relating to SDLT and need to have details such as your full names, NI number and date of birth.