I can't travel far from Billingshurst. Please spell out why all Billingshurst conveyancers aren't automatically on all mortgage company panels?
Lenders ordinarily impose restrictions on either the nature or volume of conveyancing practices on their approved list of lawyers. Typical examples of such restriction(s) being that the practice needs to have two or more partners. As well as restricting the nature of firm, some banks decided to reduce the size of their panel they use to act for them. You should note that building societies have no liability for the accuracy of advice provided by any Billingshurst solicitor on their approved list. Mortgage fraud was the main trigger for the culling of solicitor panels a few years ago even though there are opposing views concerning the extent of solicitor involvement in some of that fraud. Statistics published by HM Land Registry reveal that thousands of conveyancing firms only transact a couple of conveyances a year. Those supporting conveyancing panel culls question why law firms should have any entitlement to remain on a lender panel when it is apparent that property law is not their primary expertise?
Would the conveyancing practitioners listed on your site perform right to buy conveyancing in Billingshurst?
We have identified a number of conveyancing firms who can service right to buy transactions You should call the lawyers listed in order to get a conveyancing quote.
I am intent on selling our home in Billingshurst and according to the buyers it appears that there is a risk of it being built on contaminated land. Any local conveyancer would know that there is no such problem. For the life of me I don't know why the buyers are using an online conveyancing firm rather than a conveyancing solicitor in Billingshurst. We have lived in Billingshurst for 4 years we know of no issue. Do we get in touch with our local Authority to get clarification need.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Me and my brother own a semi-detached Victorian house in Billingshurst. Conveyancing solicitor acted for me and Barclays . I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold with the matching property. Is it worth asking Barclays to clarify?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Billingshurst and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the situation with the conveyancing solicitor who conducted the purchase.
I am buying a new build house in Billingshurst with a loan from Barnsley Building Society. The sellers would not budge the amount so I negotiated five thousand pounds worth of extras instead. The sale representative suggested that I not reveal to my solicitor about this deal as it could impact my loan with the lender. 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.
I decided to have a survey completed on a property in Billingshurst prior to instructing lawyers. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some lenders tend refuse to grant a loan on a flying freehold property.
It varies from the lender to lender. Bank of Scotland has different instructions from Birmingham Midshires. If you call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Billingshurst. Conveyancing will be smoother if you use a solicitor in Billingshurst especially if they regularly deal with such properties in Billingshurst.