My Whalley Range lawyer has discovered a discrepancy when comparing the assumptions in the valuation report and what is in the title deeds. My lawyer informs me that he needs to check that the bank is OK with this discrepancy and is content to go ahead. Is my lawyer’s course or action appropriate?

Your 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 both parties.

Is there a reason why leasehold purchase conveyancing in Whalley Range costs more?

Whalley Range leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving appropriate notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.

Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to execute the mortgage deed? If so, I will appoint a lawyer who conducts conveyancing in Whalley Range so that I can attend their offices if required.

These days conveyancing panel lawyers for mortgage companies carry out the vast majority of work through the post, internet or over the phone. This enables them to undertake the conveyancing transaction regardless of where you live in the country. That being said you can check if you can still book an appointment to visit conveyancing lawyer if just in case this is required.

Just acquired a semi-detached house in Whalley Range , how long will it take for the Land Registry to record my ownership? My Whalley Range conveyancing solicitor works at snail pace, so I want to be sure the land registry aspects are concluded.

As far as conveyancing in Whalley Range is concerned, registration is no quicker or slower than the rest of the country. Rather than based on location, timeframes can vary according to who lodges the application, whether there are errors and whether the Land registry must send notices to any 3rd persons or bodies. Currently in the region of three quarters of submission are completed in less than three weeks but occasionally there can be protracted delays. Historically registration is effected once the purchaser has moved in to the premises thus an expedited registration is not always top priority yet if there is a degree of urgency associated with the registration then you or your lawyers can communicate with the Registry to express the reasoning for the application to be prioritised.

I'm purchasing my first flat in Whalley Range benefiting from help to buy. The developers would not move on the price so I negotiated five thousand pounds worth of extras instead. The house builders rep suggested that I not inform my conveyancer about this side-deal as it will jeopardize my mortgage with the bank. Is this normal?.

All lenders require a Disclosure of Incentives Form from the builder 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.