My property lawyer in Caddington is not listed on the Bank of Scotland Solicitor Panel. Can I still continue with my family solicitor even though they are not on the Bank of Scotland panel?
The limited options available to you here include:
- Carry on with your existing Caddington lawyers but Bank of Scotland will need to use a solicitor on their panel. This will result in additional total conveyancing charges as well as cause frustration.
- Choose an alternative practitioner to act in the purchase, not forgetting to check they are on the Bank of Scotland panel
Are there restrictive covenants that are commonly identified as part of conveyancing in Caddington?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Caddington. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am purchasing my first flat in Caddington benefiting from help to buy. The developers would not move on the price so I negotiated £7000 of fixtures and fittings instead. The estate agent suggested that I not inform my solicitor about the deal as it will impact my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
Due to the advice of my in-laws I had a survey completed on a property in Caddington in advance of appointing solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some banks will refuse to give a mortgage on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements 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 Caddington. Conveyancing will be smoother if you use a solicitor in Caddington especially if they are acquainted with such properties in Caddington.
How straightforward is it to use your search app to select a conveyancing practitioner in Caddington on the panel for my mortgage?
Step one is to choose a mortgage company such as Santander, Bank of Scotland or Platform Home Loans Ltd then type in your location a common one being Caddington. Conveyancing practices in Caddington and across England and Wales should be identified.
As co-executor for the estate of my grandmother I am disposing of a residence in Monmouth but reside in Caddington. My solicitor (who is 300 miles from merequires that I sign a statutory declaration ahead of completion. Can you recommend a conveyancing solicitor in Caddington to witness this legal document for me?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will be fine regardless of whether they are Caddington based