My wife and I have recently appointed a conveyancing solicitor in Crowland. I I am struggling to find out if they are accepted on the Virgin Money approved list of lawyers. Could you advise?
The first thing you should do is call your lawyer and ask them if they can act for the lender. Otherwise please get in touch with Virgin Money who may be able to confirm.
I have justbecome aware that Wolstenholmes have closed. They conducted my conveyancing in Crowland for a purchase of a leasehold flat 18 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The quickest method to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Crowland conveyancing specialists.
I'm buying my first flat in Crowland with a loan from Lloyds TSB Bank. The builders would not move on the price so I negotiated 6k of additionals instead. The house builders rep advised me not disclose to my solicitor about this side-deal as it may affect my mortgage with the bank. 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.
Due to the input of my in-laws I had a survey completed on a property in Crowland before instructing conveyancers. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some lenders will refuse to give a loan on this type of premises.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. If you contact us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Crowland. Conveyancing will be smoother if you use a solicitor in Crowland especially if they are accustomed to such properties in Crowland.
My uncle has urged me to use his conveyancers in Crowland. Should I choose my own property lawyer?
There are no two ways about it it’s preferable to choose a conveyancing lawyer is to have feedback from friends or family who have actually used the firm that you are contemplating using.
I am purchasing a house mortgage free. I have provided solicitor with two separate forms of photographic ID, bank statement, multiple utility bills. Now he needs a copy from a probate lawyer acknowledging that the funds are legitimate and that it has come from inheritance and not via illegitimate means.
For some years now requires conveyancing solicitors as well as banks, building societies and other financial institutes to obtain satisfactory evidence of the identity of the client. This is because solicitors who deal with money and property on behalf of their clients can be used by criminals wishing to launder money. In order to comply with the law of money laundering, your Crowland conveyancing lawyer will need to obtain evidence of your identity as as well as make sure that your funds are legitimate.