I am hoping to receive a offer of a home loan from Santander. My intention is to enlist the help of a Licensed Conveyancer in Baildon. Does the Santander Solicitor panel include conveyancers regulated by the CLC?
The Santander approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
Having sold my house in Baildon last February yet the purchaser is e-mailing me complaining that her solicitor is waiting to hear from myconveyancer. What should my lawyer have done following completion?
Following your house sale your solicitor is obliged to send the transfer deeds and all supplemental paperwork to the buyer’s conveyancer. Depending on the transaction, your conveyancer should also send confirmation that the mortgage has been redeemed to the buyers solicitors. There is unlikely to be post completion steps just for conveyancing in Baildon.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Baildon?
There are many recorded licenced Conveyancers in Baildon and Solicitor practices in Baildon who can help with your conveyancing We would stress that the two are regulated professionals specialising in the legal work in the home buying process. Both can handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
I happen to be the sole recipient of my late grandmother’s will and I have everything in my name now, including the my former home in Baildon. Conveyancing formalities meant that the Land Registry date was in November. I want to move. I understand that there is a CML six month 'rule', which means that my proprietorship will be treated the same way as if I'd bought the property in November. Is the property unsalable for six months?
The CML handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be caught by that. Some banks would take a practical view as this clause is primarily there to identify subsales or the wholesaling and assigning of properties.
I'm in the throws of looking at apartments in Baildon and I am about to put in an offer. Is it premature to have a solicitor in place? I am planning to take a mortgage with Clydesdale.
It would be sensible to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. Given that you are getting a mortgage with Clydesdale, ask your prospective lawyers if they are on the Clydesdale conveyancing panel otherwise they can't do the mortgage legal work.
I require expedited conveyancing in Baildon as I am faced with pressure to sign on the dotted line in less than one month. Fortunately I do not require a mortgage. Is it possible to decline from having conveyancing searches to save fees and time?
If.Given you are are a mortgage free buyer you have the choice not to have searches conducted although no solicitor would suggest that you don't. With lots of history conveyancing in Baildon the following are examples of what can crop up and adversely affect future mortgageability: Enforcement Actions, Overdue Fees, Overdue Grants, Unadopted Roads,...
My wife and I have a semi-detached Victorian property in Baildon. Conveyancing solicitor acted for me and Alliance & Leicester . I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Baildon and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with the conveyancing solicitor who completed the work.
I'm buying my first flat in Baildon with a loan from Platform Home Loans Ltd. The developers refused to move on the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not disclose to my lawyer about the side-deal as it could put at risk my loan with Platform Home Loans Ltd. Should I keep quiet?.
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.