It is a dozen years since I acquired my property in Dosthill. Conveyancing lawyers have recently been appointed on the sale but I am unable to find the deeds. Will this cause complications?
Don’t worry too much. First the deeds may be kept by the mortgage company or they could stored with the conveyancers who handled your purchase. Secondly in all probability the land will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers procuring current official copies of the land registers. The vast majority of conveyancing in Dosthill relates to registered property but in the unlikely event that your home is not registered it is more of a problem but is not insurmountable.
I am buying a house and require a conveyancing solicitor in Dosthill who is on the Godiva Mortgages Ltd conveyancing. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Godiva Mortgages Ltd in certain locations such as Dosthill. We dont recommend any particular firm.
Are all Dosthill Conveyancing Quality Solicitors on the Nottingham conveyancing panel?
It is true that some banks and building societies now utilise the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their panels.
I have decided to exercise my right to buy my property in Dosthill off the council. I have a mortgage offer with Virgin Money. Conveyancing is new to me. 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 Virgin Money, you will need to appoint a solicitor on the Virgin Money conveyancing panel.
Our offer on a property in Dosthill has been agreed to, the owners do however have a dependent purchase. The sellers have put an offer on somewhere, however it’s not yet agreed to, and are looking at other apartments booked. I have chosen a local conveyancing solicitor in Dosthill. What do I do now? When do I get the mortgage application with Leeds Building Society started?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket too early (home loan application is approx £1k, then survey, Dosthill conveyancing search charges, etc). First, you should check that your property lawyer is on the Leeds Building Society approved list. As to the next stages this very much depends on the uniqueness of your transaction, attraction to this property and on the state of the market. In a buoyant market the majority of buyers will apply for a home loan with Leeds Building Society and pay for the valuation and only if it comes back ok would they pay their lawyer to move forward with searches.
Are there restrictive covenants that are commonly identified during conveyancing in Dosthill?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Dosthill. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am buying a new build house in Dosthill with a loan from Skipton Building Society. The builders would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep suggested that I not to tell my lawyer about this side-deal as it would put at risk my loan with Skipton 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.
Me and my wife accepted an offer on a Dosthill apartment we inherited some years ago in 2011. I have over a decades worth of conveyancing knowledge and, now retired, intend to undertake my own legal work. The buyer's conveyancing practitioner has informed me that their mortgage company will not allow you to do your own conveyancing insisting the funds to be passed via a solicitor's bank account.
Mortgage instructions to lawyers from all CML members specify that If the vendor does not have legal representation the purchaser’s lawyers should check whether the lender needs to be notified so that a decision can be made as to whether they are prepared to progress.