Do the Building Society Association intend to launch a searchable register to list law firms on the Loughborough BS conveyancing panel for instance in Caterham?
Lexsure has not been advised of any intention on the part of the BSA to promote such a search facility.
What is the difference between a licensed conveyancer and conveyancing solicitor in Caterham
There are many recorded licenced Conveyancers in Caterham and Solicitor firms in Caterham who provide Conveyancing services It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal work in transferring property. The two can deal with associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
When it comes to lenders such as Skipton, do Caterham lawyers have to pay a fee to be on the list of approved solicitors?
We are unaware of any lender fees to be on their panel, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
I am currently in the process of buying my council flat in Caterham. I have a mortgage offer with UBS. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with UBS, you will need to appoint a solicitor on the UBS conveyancing panel.
I'm purchasing a new build house in Caterham with the aid of help to buy. The builders would not budge the amount so I negotiated £7000 of extras instead. The sale representative advised me not to tell my conveyancer about the extras as it could impact my loan with the lender. Do I keep my lawyer in the dark?.
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 guidance of my in-laws I had a survey completed on a house in Caterham before instructing conveyancers. I have been told that there is a flying freehold aspect to the house. Our surveyor advised that some banks tend not issue a mortgage on a flying freehold house.
It varies from the lender to lender. Santander has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Caterham. Conveyancing will be smoother if you use a solicitor in Caterham especially if they regularly deal with such properties in Caterham.
I was recommended by a number of property agents in Caterham to select a solicitor using your seach tool. What’s the financial upside for Estate Agents to offer your site over and above alternative conveyancing organisations?
We refuse to make any commission for directing people our way. We found it would be just too difficult a fee as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
After what seems like an age a mortgage offer from a mortgage company for the refinancing of my 4 bedroom apartment is expected within the next few days. Are you able to recommend an efficient remortgage conveyancing lawyer in Caterham ?
This site is not designed to help in pursuit of the cheapest conveyancing in Caterham. Our aim is to provide value for money conveyancing but we do not advertise as being the cheapest. Resist the temptation to appoint companies offering £99 conveyancing in Caterham.At best, in going for cheap conveyancing, you will get what you pay for and at worst you will end up paying a lot in extras and still not receive the service required.