Unfortunately I am unable to travel far from Brighton. What is the rationale as to why all Brighton lawyers are not on all lender panels?
Even though it may seem unfair for lenders to restrict who can represent them, from the public’s or solicitor’s perspective, the flip side is that banks are increasingly anxious and feel it essential to shield themselves from mortgage fraud. As a consequence of this concern mortgage companies are limiting their conveyancing panel to a manageable size.
Our Brighton lawyer has discovered an inconsistency when comparing the surveyor’s assumptions in the home valuation report and what is in the title deeds. My solicitor says that he needs to ensure that the bank is OK with this discrepancy and is still content to lend. Is my solicitor’s approach appropriate?
Your property lawyer 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.
We are purchasing a house and require a conveyancing solicitor in Brighton who is on the Virgin Money conveyancing panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Virgin Money . We don't recommend any particular firms conducting conveyancing in Brighton.
We are planning to purchase with Coventry BS. We have called around locally yet am unable to find a Brighton conveyancing firm on the Coventry BS approved list. Please you help?
Please do make the most of the find a lender approved solicitor tool on this web page. Please choose the building society and type Brighton or your location and you will discover a number of lawyer based in Brighton or near you.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a straight forward, no chain conveyancing. Brighton is the location of the property. Can you offer any opinion?
Flying freeholds in Brighton are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Brighton you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Brighton may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.