I am obtaining a mortgage offer from Santander. I would like to enlist the help of a Licensed Conveyancer in Cottesmore. Does the Santander Conveyancing panel allow for conveyancers regulated by the CLC?
The Santander conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
When it comes to lenders such as TSB, do Cottesmore property lawyers have to pay a fee to be on the list of approved solicitors?
We are not aware of any mortgage company fees to be on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
We were going to get a OIP from Skipton this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Skipton recommend any Cottesmore solicitors on the Skipton conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Cottesmore solicitors independently although you'll need to choose one on the Skipton conveyancing panel. The solicitor represents both you and Skipton through the process.
I am currently in the process of buying my council flat in Cottesmore. I have a mortgage agreed with Co-operative. 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 Co-operative, you will need to appoint a solicitor on the Co-operative conveyancing panel.
Should our lawyer be raising enquiries about flooding during the conveyancing in Cottesmore.
The risk of flooding is if increasing concern for conveyancers dealing with homes in Cottesmore. Plenty of people will purchase a property in Cottesmore, fully aware that at some time, it may be flooded. However, aside from the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory insurance cover, or dispose of the premises. Steps can be carried out during the course of a house purchase to forewarn the buyer.
Lawyers are not best placed to give advice on flood risk, but there are a number of checks that can be carried out by the purchaser or on a buyer’s behalf which can figure out the risks in Cottesmore. The conventional set of property information forms supplied to a buyer’s solicitor (where the Conveyancing Protocol is adopted) includes a usual question of the vendor to discover whether the property has historically flooded. In the event that the premises has been flooded in past and is not notified by the vendor, then a purchaser could bring a legal claim for losses as a result of such an incorrect reply. The purchaser’s solicitors should also conduct an environmental search. This should disclose whether there is a recorded flood risk. If so, more detailed investigations will need to be initiated.
I used Stirling Law a few years past for my conveyancing in Cottesmore. I now require my file however cannot find the solicitor. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Cottesmore of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying a new build house in Cottesmore with a loan from Platform Home Loans Ltd. The sellers refused to budge the price so I negotiated £7000 of additionals instead. The house builders rep told me not reveal to my lawyer about the extras as it would impact my mortgage with Platform Home Loans Ltd. 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.
I am selling my house. My past solicitors closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Cottesmore if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Cottesmore. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.