I am obtaining a mortgage with Halifax. I hope to retain the legal services of a Licensed Conveyancer in Durham. Does the Halifax Conveyancing panel exclude conveyancers regulated by the CLC?
The Halifax approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My partner and I are buying a newly built flat in Durham and my lawyer is advising me that she is duty bound to the mortgage company to disclose incentives from the seller. I am under pressure to exchange contracts and I have no desire to delay matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are purchasing a property and need a conveyancing solicitor in Durham who is on the Leeds Building Society solicitor panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Leeds Building Society . We don't recommend any particular firms conducting conveyancing in Durham.
I've recently found out that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Durham is where the house is located. Is there any advice you can give?
Flying freeholds in Durham are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Durham you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Durham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I'm remortgaging my existing home to a buy to let loan with Barnsley Building Society and I will use the ballance of the raised equity towards further house. The location we are looking at is Durham. Will your solicitors be able to act for the two banks and tie in the two deals?
Do use our search tool on this page to ensure that the conveyancers are on the relevant lender panels. On the basis that they are the conveyancer should be able to simultaneously deal with the two conveyancing matters but you should have a chat with you conveyancer and specify your desired outcome and needs.
I need to appoint a conveyancing solicitor for some conveyancing in Durham. I've stumble upon a site which appears to be the perfect answer If there is a chance to get all formalities completed via web that would be preferable. Should I be concerned? What are the potential pitfalls?
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?