My partner and I are buying a leasehold flat in Cuckfield. My Conveyancer has never been on on the bank approved list. Am I still permitted to continue with my Cuckfield conveyancing solicitor notwithstanding that they are excluded from the mortgage company approved list?
Your options include
- Proceed with your chosen Cuckfield lawyer but your bank will need to use a conveyancer from their approved list. This will result in additional cost together with likely frustration.
- Appoint a new conveyancing practitioner to conduct the conveyancing, making sure they are on the bank conveyancing panel.
- Convince your property lawyer to pull out all the stops to get listed on the lender’s panel of solicitors
My partner and I are only a couple days away from an exchange on a flat in Cuckfield and my parents have transferred the ten percent deposit to my lawyer. I am now informed that as the deposit has not come from me my lawyer needs to make a notification to my lender. Apparently, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I advised the mortgage company regarding my parents' contribution when I applied for the home loan, so is it really appropriate for this now to be an issue?
Your lawyer is obliged to check with mortgage company to make sure that they understand that the balance of the purchase price is not from your own funds. Your solicitor can only report this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
I have justfound out that Stirling Law have been shut down. They carried out my conveyancing in Cuckfield for a purchase of a leasehold flat 10 months ago. How can I establish that the property is registered correctly in the name of the former proprietor?
The quickest way to see if the premises 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 Cuckfield conveyancing specialists.
I opted to have a survey carried out on a property in Cuckfield ahead of appointing solicitors. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some lenders will not issue a mortgage on this type of home.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Halifax. If you contact us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Cuckfield. Conveyancing will be smoother if you use a solicitor in Cuckfield especially if they are accustomed to such properties in Cuckfield.
I was recommended by two or three local estate agents in Cuckfield to locate a conveyancer using your seach tool. Is there a financial inducement for Estate Agents to offer your lawyers over alternative conveyancing organisations?
We refuse to make any financial incentive for directing people in our direction. We thought it would be too underhand a fee as members of the public would think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I need to instruct a conveyancing solicitor for my conveyancing in Cuckfield. I happened to discover a site which looks to be the ideal offering If it is possible to get all the legals done via web that would be preferable. Should I be concerned? 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?