I am getting a offer of a home loan from Halifax. I intend to instruct a Licensed Conveyancer in Godalming. Does the Halifax Conveyancing panel allow for conveyancers regulated by the CLC?
The Halifax conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
I am purchasing a newly constructed flat in Godalming and my lawyer is telling me that she has to the mortgage company to disclose incentives from the developer. I am on a tight deadline to sign contracts and my preference is not to prolong the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. 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 note that you have a search directory identifying law firms on the Coventry BS conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Godalming?
We are a listing service only for law firms wishing to communicate if they are on the Coventry BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Godalming.
Just acquired a terraced house in Godalming , What is the estimated time for the Land Registry to deal with the formalities evidencing my title? My Godalming conveyancing solicitor works at snail pace, so I want to be sure the post completion formalities are dealt with.
As far as conveyancing in Godalming registration is no quicker or slower than the rest of England and Wales. Rather than based on location, timeframes can vary subject to the party submitting the application, whether it is in order and whether the Land registry have to notify any third persons or bodies. Currently roughly 80% of submission are completed in less than three weeks but occasionally there can be longer hold-ups. Historically registration takes place after the new owner has moved in to the property therefore registration formalities is not usually primary concern yet where it is urgent that the the registration takes place urgently then you or your lawyers should speak with the land registry and explain the circumstances.
I am purchasing my first flat in Godalming with the aid of help to buy. The builders refused to budge the price so I negotiated 6k of fixtures and fittings instead. The estate agent advised me not disclose to my lawyer about the side-deal as it could adversely affect my mortgage with Coventry Building Society. Is this normal?.
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.
How can the Landlord & Tenant Act 1954 impact my commercial offices in Godalming and how can your lawyers assist?
The 1954 Act affords protection to business lessees, giving them the a statutory right to make a request to court for a new lease and continue in occupation when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and handle your commercial conveyancing in Godalming