The Parsons Green conveyancing firm handling our Parsons Green conveyancing has discovered a discrepancy when comparing the surveyor’s assumptions in the home valuation survey and what is revealed within the title deeds. My solicitor informs me that he is duty bound to check that the bank is happy with this discrepancy and is content to go ahead. Is my lawyer’s approach appropriate?
Your solicitor 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.
We are selling our house in Parsons Green and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any high street Parsons Green conveyancer would know this is not the case. It does beg the question why the buyers used an online conveyancing outfit rather than a conveyancing solicitor in Parsons Green. Having lived in Parsons Green for many years we know that this is a non issue. Should we contact our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one near me in Parsons Green I like with amenity areas and transport links in the vicinity, however it's only got 61 years on the lease. I can't really find anything else in Parsons Green in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can request that they start the process of the extension and then assign 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 solicitor about this.
I need to instruct a conveyancing solicitor for residential conveyancing in Parsons Green. I've discover a web site which appears to be the perfect answer If there is a chance to get all the legals completed via email that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
New build sellers have suggested I use a conveyancer and I've sought a quote from them. It's nearly three hundred pounds cheaper than my preferred Parsons Green solicitor. What's the catch?
Developers normally have lists of conveyancing practitioners who are quick and who know the seller’s contract and lawyer. As many developers offer an inducement to choose a preferred lawyer for this reason, any increased fees can be avoided and a builder won't suggest a conveyancing warehouse and run the risk of having the conveyancing stall when they demand an exchange within a tight deadline. A counter-argument for not opting for the suggested lawyer is that they may be reluctant to 'push' your interests for fear of alienating the sellers. Where you have concerns that this may be the situation you should keep with your local Parsons Green conveyancer.