My Wembley Park conveyancer has identified a difference between the information in the valuation survey and what is in the title deeds. My solicitor says that he must check that the bank is happy with this discrepancy and is content to go ahead. Is my lawyer’s approach appropriate?
Your lawyer 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.
When it comes to lenders such as Santander, do Wembley Park solicitors have to pay a yearly amount to be on the conveyancing panel?
We are unaware of any lender fees to be on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
We previously instructed solicitors locally in Wembley Park on the Aldermore solicitor approved list. They have just invoiced me a further amount for the legal aspects of the Aldermore mortgage. Is this a supplemental conveyancing fee specified by Aldermore?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your conveyancing practitioner may levy a fee for this. This charge is not set by Aldermore but by your Wembley Park property lawyer. Numerous firms on the Aldermore panel will levy an ‘acting for lender’ fee and others do not.
I'm in the throws of looking at houses in Wembley Park and I am about to put in an offer. Is it premature to have a solicitor in place? I intend to finance via a home loan with RBS.
It would be advisable to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the estate agent. Given that you are obtaining a mortgage with RBS, make sure you remember to check that your lawyer is on the RBS conveyancing panel.
I used Action Conveyancing several years past for my conveyancing in Wembley Park. Now, I need the documents however cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Wembley Park of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Just had an offer accepted on a new build apartment in Wembley Park. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Wembley Park
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Forfeiture - bankruptcy or liquidation must not apply under this provision.
In my capacity as executor for the estate of my aunt I am selling a residence in Neath but reside in Wembley Park. My conveyancer (based 235 kilometers from meneeds me to execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing practitioner in Wembley Park who can attest and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are based in Wembley Park
I am purchasing a ground floor apartment in Wembley Park. Conveyancing lawyer has been awaiting, from the seller, building insurance paperwork. I was told today I was informed that the seller needs to send the insurance documents for the flat above in addition. Why does my solicitor need to review the insurance for the flat above? Is it really required? We have been stalled for the previous month…
It is not impossible in leasehold conveyancing in Wembley Park to find Conveyancing in Wembley Park in a minority of cases reveals that the lease requires the leasehold owners to insure their individual flats rather than the landlord insuring the entire block - which is clearly better. Do clarify with your lawyer but it would appear that your solicitor is looking to verify that the entire building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the other flat cannot be reinstated for lack of insurance.