Do all mortgage companies provide you with an approved list of Launceston conveyancing solicitors? How do you know who is on the Co-operative conveyancing panel?
Launceston conveyancing firms themselves provide us confirmation that they are on the Co-operative conveyancing panel as opposed to being supplied with a list from Co-operative directly.
I used Action Conveyancing several years ago for my conveyancing in Launceston. Now, I need the files however cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Launceston of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying a new build house in Launceston benefiting from help to buy. The developers refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The estate agent advised me not inform my solicitor about the extras as it could jeopardize my loan with Alliance & Leicester . 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.
Due to the advice of my in-laws I had a survey completed on a house in Launceston prior to retaining lawyers. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some lenders will not grant a mortgage on this type of home.
It depends who your proposed lender is. Santander has different requirements for example to Halifax. If you e-mail us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Launceston. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Launceston to see if the conveyancing will be more expensive.
My brother has recommend that I use his conveyancers in Launceston. Do I take his recommendation?
Much as we are happy to recommend a Launceston conveyancing lawyer it’s preferable to select a conveyancing practitioner is to seek feedback from friends or relatives who have experience in using the solicitor that you are contemplating using.
I have instructed a Launceston conveyancing solicitor for our house purchase (novice purchasers) and have noticed in the terms and conditions that they are not covered by the Financial Conduct Authority. Should I be worried or is that usually the case with solicitor?
We can't see why they should be. Most conveyancer don't lend money. You should check that they are regulated by the Solicitors Regulation Authority, who set stringent conditions in place on monies deposited on client account.