My Parkstone conveyancer has uncovered an inconsistency when comparing the assumptions in the home valuation report and what is revealed within the legal papers for the property. My lawyer informs me that he is obliged to check that the bank is happy with this discrepancy and is still content to lend. Is my conveyancer’s stance legitimate?
Your conveyancer 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.
My property lawyer in Parkstone is not listed on the Yorkshire Building Society Approved Panel. Is it possible for me to retain my prefered solicitor even though they are not on the Yorkshire Building Society list of approved lawyers?
Your options are as follows:
- Complete the purchase with your existing Parkstone solicitors but Yorkshire Building Society will need to instruct a conveyancer on their panel. This will inevitably rack up the total conveyancing charges and result in delays.
- Find an alternative lawyer to act in the purchase, obviously checking they are Convince your solicitor to use their best endeavours to join the Yorkshire Building Society conveyancing panel
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Parkstone?
There are many recorded licenced Conveyancers in Parkstone and Solicitor partnerships in Parkstone who can help with your conveyancing It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. Both can handle other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Parkstone bank branch on various occasions and was told they are content with the situation and they would lend. My Parkstone conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they will not lend based on their published requirements. Who do I believe?
Provided that the lawyer is on the mortgage company approved list, she or he must follow the Council of Mortgage Lenders’ Handbook conditions for the bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
My offer was accepted on an apartment in Parkstone on 29/7/2025, valuation was booked 3 days after, received a clean bill of health. Conveyancer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to Barclays and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Barclays conveyancing panel. Are Barclays entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Barclays to deal with your lawyer's application to be on the Barclays conveyancing panel. There's no guarantee that your solicitor will be accepted.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Parkstone?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Parkstone. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What does commercial conveyancing in Parkstone cover?
Parkstone conveyancing for business premises covers a wide array of services, provided by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.