The Burroughs, The conveyancing firm handling our Burroughs, The conveyancing has identified a discrepancy when comparing the information in the valuation survey and what is in the title deeds. My lawyer says that he must ensure that the lender is OK with this discrepancy and is content to go ahead. Is my conveyancer’s stance correct?

Your property 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.

My stepmother advised me that in buying a property in Burroughs, The there may be a number of restrictions preventing external changes to a property. Is this right?

We are aware of a number of properties in Burroughs, The which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Burroughs, The should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

My lawyer has informed me that missing deeds insurance is needed on my purchase. What is the level of cover for Burroughs, The conveyancing?

The right level of missing deeds indemnity insurance depends on who your lender is. It would differ for example between National Westminster Bank and Virgin Money. Conveyancing lawyers as opposed to members of the public take out such insurances.

I am due to exchange contracts on my house. I had a double glazing fitted in February 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Leeds Building Society are being pedantic. The Burroughs, The solicitor who is on the Leeds Building Society conveyancing panel is recommending indemnity insurance as a solution but Leeds Building Society are requiring a building regulation certificate. Why do Leeds Building Society have a conveyancing panel if they don't accept advice from them?

It is probably the case that Leeds Building Society have referred the matter to their valuer. The reason why Leeds Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.

I am looking for a ground for flat up to £305k and identified one round the corner in Burroughs, The I like with a park and railway links nearby, the downside is that it only has 61 years on the lease. I can't really find anything else in Burroughs, The in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?

Should you require a home loan the remaining unexpired lease term will likely be an issue. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you may request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this.

I'm refinancing my existing property to a BTL loan with Coventry Building Society and intend to use the remaining equity towards another house. The location we are looking at is Burroughs, The. Will your solicitors be able to act for the two mortgage companies and tie in the two deals?

Do use our search tool on this site to check that the lawyers are on the appropriate lender panels. Having checked that they are the lawyer should be able to tie up the two deals but you should have a chat with you lawyer and communicate your desired outcome and needs.

Can you please explain what options are available to me if my Burroughs, The conveyancing searches reveals adverse results?

On the whole, most issues revealed in Burroughs, The conveyancing search results can be addressed in advance of completion or title insurance can be taken. You need to remember that although you intend on buying the premises and might be content to accept the search results, your lender may not, and when all said and done have the final decision.