Our Worcestershire lawyer has identified a discrepancy when comparing the assumptions in the home valuation report and what is in the title deeds. My solicitor informs me that he needs to ensure that the lender is happy with this discrepancy and is content to go ahead. Is my solicitor’s approach appropriate?
Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook provisions 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.
Is it the case that all Worcestershire solicitor firms on the Lloyds conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Lloyds approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Some banks do list licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers.
My partner and I have organised a further advance on our mortgage from Aldermore as we want to conduct improvements to our property in Worcestershire. Do we need to choose a nearby Worcestershire solicitor on the Aldermore conveyancing panel to handle the legals?
Aldermore don't usually instruct a member of their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Aldermore conveyancing panel.
We have a mortgage agreed in principle with Kent Reliance. Worcestershire conveyancing practitioners have been appointed. What is the average time that one could expect to receive a mortgage offer from Kent Reliance?
There is no definitive answer here. Have Kent Reliance completed the survey? Have you informed Kent Reliance as to your lawyers' details and checked that your lawyers are on the Kent Reliance conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on two weeks back in what was supposed to be a simple, no chain conveyancing. Worcestershire is where the house is located. Can you offer any advice?
Flying freeholds in Worcestershire are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Worcestershire you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Worcestershire may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
As co-executor for the will of my aunt I am disposing of a house in Monmouth but reside in Worcestershire. My solicitor (based 300 miles awayrequires that I sign a stat dec before the transaction finalising. Could you suggest a conveyancing practitioner in Worcestershire to attest and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Worcestershire based
I was advised by my lender that their panel lawyers work on no completion no charge basis for conveyancing in Worcestershire. I had a purchase abort and now the lawyers have requested search fees! They are stating that the fees are seperate!
Worcestershire conveyancing search fees are separate expenses not solicitors costs as these are due to independent parties.