I am obtaining a mortgage with Santander. I would like to enlist the help of a Licensed Conveyancer in Corby. Does the Santander Solicitor panel allow for Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
I'm buying my first flat in Corby with the aid of help to buy. The developers would not budge the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not disclose to my conveyancer about this extras as it will put at risk my loan with Coventry Building Society. Is this normal?.
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.
Over the last few months I have been searching for a ground for flat up to £235,500 and identified one close by in Corby I like with amenity areas and railway links nearby, the downside is that it only has 61 years unexpired on the lease. I can't really find anything else in Corby suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan that many years may be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
Given that I am about to part with 450k on a garden flat in Corby I wish to have a conversation with the conveyancer about myhome move in advance of appointing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer due to be carrying out your conveyancing in Corby.There is no ‘factory style conveyancing’ - every client is an important individual, not a file reference. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Corby should be the amount on the final invoice that you end up paying.
I need to retain a conveyancing solicitor for sale conveyancing in Corby. I have stumble upon a site which looks to be the perfect answer If it is possible to get all formalities completed via phone that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Me and my partner are FTB’s just having agreed a price on a property in Corby, and are now looking to get solicitors instructed. I have made use of the numerous rating tools and the fee estimates are from all across the the UK. Is it important to have a Corby solicitor local to your prospective property? I am content to do everything over email, but I assume at some point we may be required to attend the property lawyer's office to sign contracts?
The property lawyer does not need to be in Corby, but choosing local means that you have the option to go in if needed, by way of example, if a signature is immediately necessary. Also, a Corby solicitor is likely to be familiar with local agents and (if the vendor has chosen a local conveyancer) with them, which will help keep things moving faster.