The Sanderstead conveyancing firm handling our Sanderstead conveyancing has uncovered an inconsistency between the surveyor’s assumptions in the valuation survey and what is revealed within the conveyancing documents. My lawyer has advised that he must check that the bank is OK with this discrepancy and is still content to lend. Is my conveyancer’s stance right?
Your property lawyer must comply with the UK Finance Lenders’ Handbook provisions 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.
In what way does my ID and proof of funds have anything to do with my conveyancing in Sanderstead? Why is this being asked of me?
Anti-terror and anti-money-laundering laws require solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing retainer. The Terms and Conditions that you are required to sign will no doubt stipulate this. Your lender will also require certain documents to be viewed. Should you refuse to hand over ID verification documents, your solicitor would not be able to accept instructions from you.
I am helping my aunt sell her property in Sanderstead. Does the conveyancer commission an EPC or should I organise this?
Following the abolition of Home Packs, EPC’s was left as a compulsory element of selling a house. An energy performance certificate must be commissioned prior to the property being put on the market. It is not a task that lawyers ordinarily arrange. If you are using a Sanderstead conveyancing solicitor they may be willing to arrange energy assessments given their contacts with long established Sanderstead accredited person
We expect to receive a AIP from Clydesdale this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Clydesdale recommend any Sanderstead solicitors on the Clydesdale conveyancing panel, or is it better to go independently?
You will need to appoint Sanderstead solicitors independently although you'll need to choose one on the Clydesdale conveyancing panel. The solicitor represents both you and Clydesdale through the process.
Aldermore have agreed my home loan in principle, my bid on a flat in Sanderstead has been agreed to, what are the next steps?
The property agent will wish to know who your solicitors are (ensure that the conveyancers are on the lender’s approved list). Call up Aldermore or your broker and finalise any outstanding documentation. Aldermore will appoint a valuer who will get in contact with the estate agent or seller to schedule an appointment. Once conducted (assuming no problems) it takes about ten days to get a mortgage offer. Aldermore will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Sanderstead.
I moved into my home on 4 November and the transaction details are still not registered. Should I be concerned? My conveyancing solicitor in Sanderstead advises it would be dealt with inside ten days. Are titles in Sanderstead particularly slow to register?
There is nothing unique when it comes to conveyancing in Sanderstead registration formalities. Rather than based on location, timeframes can vary according to who lodges the application, whether there are errors and if the Land registry must send notices to any 3rd persons or bodies. Currently in the region of 80% of submission are fully dealt with in less than three weeks but occasionally there can be extensive hold-ups. Historically registration takes place once the new owner has moved in to the property therefore an expedited registration is not always an essential issue yet where there is a degree of urgency associated with the registration then you or your conveyancer can contact the land registry and explain the circumstances.
Hoping to buy a property located in Sanderstead and I am already nervous. I couldn't find anything specific about Sanderstead. Conveyancing will be needed in due course but do you know about the Sanderstead area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Sanderstead. In the meantime here are some basic statistics that we found