Our Tidworth lawyer has spotted an inconsistency when comparing the surveyor’s assumptions in the home valuation report and what is in the title deeds. My solicitor says that he is obliged to ensure that the lender is happy with this discrepancy and is still content to lend. Is my solicitor’s approach right?
Your conveyancing practitioner 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.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Tidworth?
Two types of professional can execute conveyancing in Tidworth namely CLC regulated conveyancers or solicitors. The two can handle conveyancing services that required to complete the sale or purchase of property. They are both duty bound to handle Tidworth conveyancing to the same standards and guidelines so you can be safe in the knowledge that your conveyancing will be properly carried out and that the necessary procedures should be accurately adhered to.
This question may be naive but I am wet behind the ears as a first time purchaser of a ground floor flat in Tidworth. Do I collect the keys to the premises on completion from my conveyancer? If so, I will find a local conveyancing solicitor in Tidworth?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the completion advance to the seller's conveyancers, and once they have received this, you will be invited to collect the keys from the selling Agents and start moving into the property. This tends to happen early afternoon.
My father pointed out to me me that in buying a property in Tidworth there could be a number of restrictions limiting what one can do in terms of external alterations to the property. Is this right?
There are a number of properties in Tidworth which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Tidworth should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I opted to have a survey done on a house in Tidworth in advance of retaining solicitors. I have been told that there is a flying freehold element to the property. My surveyor has said that some mortgage companies tend refuse to grant a mortgage on a flying freehold home.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Nationwide. If you call us we can look into this further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Tidworth. Conveyancing will be smoother if you use a solicitor in Tidworth especially if they are accustomed to such properties in Tidworth.
What does commercial conveyancing in Tidworth cover?
Tidworth conveyancing for business premises incorporates a broad array of guidance, provided by regulated 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 assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
A licensed conveyancer handled my conveyancing in Tidworth seven years ago having stored my registration certificates but has now closed – how do I get hold of them?
Title deeds, as such, are no longer appropriate for the majority of properties in Tidworth are archived digitally at Land Registry. Where you need to prove ownership or are selling or refinancing your conveyancer will need to obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.