Our Walton on the Hill lawyer has identified a difference when comparing the assumptions in the valuation report and what is in the legal papers for the property. My solicitor informs me that he must ensure that the bank is happy with this discrepancy and is content to go ahead. Is my conveyancer’s course or action legitimate?
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 you.
I purchased my house on 8 November and my personal details are still not on the land registry website. Any reason for this? My conveyancing solicitor in Walton on the Hill expressed confidence that it would be recorded in less than a month. Are properties in Walton on the Hill particularly slow to register?
There is nothing unique about conveyancing in Walton on the Hill registration formalities. As opposed to being determined by geographic area, timeframes can differ depending on who lodges the application, whether it is in order and whether the Land registry communicate with any third persons or bodies. Currently roughly three quarters of such applications are fully dealt with within 12 days but some can be subject to longer hold-ups. Registration takes place after the buyer has moved in to the premises thus an expedited registration is not usually an essential issue yet where there is a degree of urgency associated with the registration then you or your conveyancer can speak with the land registry and explain the circumstances.
Should I be wary about third parties that I am dealing with are encouraging me to use a national conveyancing firm rather than a local Walton on the Hill conveyancing practice?
As is the case with many professional services, often suggestions from family and friends can be very helpful. Yet there are many parties with a keen interest in a conveyancing transaction; estate agents, financial adviser and banks may suggest conveyancers to retain. Sometimes these conveyancers might be known to one of the organisations as one of the best in their field, but occasionally there exists a commercial relationship behind the recommendation. You have the discretion to select your own conveyancer. However, bear in mind that most lenders specify a panel list of law firms you have to use for the mortgage related work in your transaction.
I am 18 days into a residential purchase having been referred to conveyancers by the selling agent to handle our conveyancing in Walton on the Hill. I am not happy. Can you you assist me in finding new lawyers?
They would have to be very poor to suggest replacing them. Has the loan offer been sent? If so you must make them aware of the new contact details and ensure the loan are issued to the new lawyers. The conveyancer should be on the mortgage company approved list to avoid supplemental costs and frustration. So that should be your starting point. Our search tool will help you find a lender approved solicitor for your home move in Walton on the Hill
My brother-in-law has suggested I instruct a conveyancing solicitor in Walton on the Hill. I need to find out if they are listed on the lender's approved list of lawyers. Can you assist?
You should contact your solicitor to enquire if they are on the lender's panel. If that does not help call us and we can make some checks for you. If they are not on the lender panel we can certainly arrange a specialist conveyancing solicitor in Walton on the Hill on the panel for your mortgage company.