My Chatteris conveyancer has discovered an inconsistency when comparing the surveyor’s assumptions in the valuation report and what is in the legal papers for the property. My lawyer says that he is duty bound to ensure that the lender is happy with this discrepancy and is still content to lend. Is my conveyancer’s stance right?
Your 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 both parties.
We are looking to buy a property and require a conveyancing solicitor in Chatteris who is on the UBS solicitor 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 UBS . We don't recommend any particular firms conducting conveyancing in Chatteris.
My wife and I have recently appointed a conveyancing solicitor in Chatteris. I I would like to check whether they are accepted on the Birmingham Midshires approved list of lawyers. Could you help?
The first thing you should do is phone your lawyer and enquire if they can act for the bank. Alternatively you can call Birmingham Midshires who may be able to assist.
I have recentlybeen informed that Wolstenholmes have closed. They conducted my conveyancing in Chatteris for a purchase of a leasehold apartment 12 months ago. How can I check that the property is registered correctly in the name of the former proprietor?
The quickest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chatteris conveyancing specialists.
I'm buying a new build house in Chatteris benefiting from help to buy. The builders would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep suggested that I not to tell my solicitor about the extras as it would affect my loan with Coventry Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
In my capacity as executor for the will of my father I am selling a property in Monmouth but live in Chatteris. My lawyer (based 300 miles awayrequires that I execute a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing lawyer in Chatteris to attest this legal document for me?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will suffice regardless of whether they are Chatteris based