It has come to my attention via my broker that my Hornsea solicitor is not on the mortgage company Conveyancing panel. How can I check?
The best course of action for you to take is to contact your Hornsea conveyancer. It is reasonable to expect your lawyer to inform you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
We note that you have a search directory identifying firms on the Barclays conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Hornsea?
We are a listing service only for law firms wishing to communicate if they are on the Barclays conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Hornsea.
I have a 4 bedroom Victorian house in Hornsea. Conveyancing lawyer represented me and Aldermore. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold under the exact same address. If a house is not a freehold shouldn't I have been informed?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hornsea and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with the conveyancing lawyer who conducted the work.
I'm purchasing a new build house in Hornsea benefiting from help to buy. The builders would not budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent told me not reveal to my solicitor about the extras as it could put at risk my loan with the lender. 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.
I've recently found out that there is a flying freehold element on a property I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Hornsea is where the house is located. Can you shed any light on this issue?
Flying freeholds in Hornsea are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hornsea you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hornsea 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 have been recommended a conveyancing solicitor in Hornsea. I need to find out if they are on the lender's approved list of lawyers. Can you advise?
One option is to call the lawyer and ask them if they are on the bank's approved list. If that does not help call us and we can make some checks for you. If they are not on the lender panel we we can help find a specialist conveyancing solicitor in Hornsea on the approved list for your lender.