My Ventnor lawyer has uncovered a discrepancy when comparing the surveyor’s assumptions in the home valuation survey and what is revealed within the title deeds. My lawyer says that he is duty bound to check that the bank is OK with this discrepancy and is still content to lend. Is my lawyer’s course or action correct?

Your 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 both parties.

We are purchasing a house and require a conveyancing solicitor in Ventnor who is on the approved panel. Can you recommend a local solicitor?

Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for . We don't recommend any particular firms conducting conveyancing in Ventnor.

My lender has suggested solicitors on their panel based in Ventnor but I would rather use a conveyancing lawyer in Ventnor or nearer to where I live. Can you help?

The minority of Ventnor conveyancing practitioners are approved and listed on all lender’s conveyancing panel. Please make use of the above find an approved solicitor tool to identify a Ventnor conveyancing solicitor on the on the lender panel.

My uncle pointed out to me me that in buying a property in Ventnor there may be a number of restrictions prohibiting external alterations to a property. Is this right?

There are anumerous of properties in Ventnor which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Ventnor should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

I happen to be the single beneficiary of my late mum's will and I have everything in my name alone, including the my former home in Ventnor. The Ventnor property was put into my name in . I plan to dispose of the property. I understand that there is a CML 6 month 'rule', which means that my property ownership will be considered the same way as if I'd bought the property in . Will no one buy the property for half a year?

The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. How practical a view banks take of it, depend on the lender as this requirement primarily exists to pick up on the purchase and immediately sell or the flipping of property.

I am expecting a OIP from this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do recommend any Ventnor solicitors on the conveyancing panel, or is it better to go independently?

You will need to appoint Ventnor solicitors independently although you'll need to choose one on the conveyancing panel. The solicitor represents both you and through the process.

Do commercial conveyancing searches reveal proposed roadworks that may affect a commercial property in Ventnor?

Many commercial conveyancing solicitors in Ventnor will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Ventnor. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Ventnor.

For each commercial conveyancing transaction in Ventnor it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may cause delays to Ventnor commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Ventnor.