We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Is the implication that I have to appoint their panel lawyer as I would prefer to appoint a high street conveyancing solicitor in Malden Rushett?
You should check but the chances are that appoint one of their panel conveyancers if you want the "fee-free" deal. Call the lender to ask if they make available a monetary alternative. Some lenders have previously offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor in Malden Rushett.
Is it the case that all Malden Rushett conveyancing solicitors on the Bank of Ireland conveyancing panel are governed by the SRA?
As solicitors, in order to be on the Bank of Ireland conveyancing panel they would need to be governed by the SRA. The majority of lenders do allow licenced conveyancers on their panel and in such a situation the practice would be governed by the Council of Licensed Conveyancers.
We were going to get a AIP from Skipton this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Skipton recommend any Malden Rushett solicitors on the Skipton conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Malden Rushett solicitors independently although you'll need to choose one on the Skipton conveyancing panel. The solicitor represents both you and Skipton through the process.
The formalities of my remortgage has taken place for my property in Malden Rushett. Conveyancing was a necessary evil but I would like to complain about the lender. How does one go about formally complaining?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
Me and my brother have a renovated Georgian house in Malden Rushett. Conveyancing solicitor acted for me and Clydesdale. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold under the exact same address. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Malden Rushett and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing lawyer who conducted the conveyancing.
How does conveyancing in Malden Rushett differ for newly converted properties?
Most buyers of new build or newly converted property in Malden Rushett come to us having been asked by the builder to sign contracts and commit to the purchase even before the house is ready to move into. This is because developers in Malden Rushett usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Malden Rushett or who has acted in the same development.
I'm converting the mortgage on my existing house to a buy to let loan with Accord Mortgages Ltd and I will use the rest of the raised equity as a down payment on another house. The location we are looking at is Malden Rushett. Will your solicitors be able to act for the two lenders and link together the transactions?
Make use of our comparison tool on this page to be sure that the lawyers are approved by both banks. Assuming that they are the lawyer should be able to connect the two transactions but you should have a chat with you conveyancer and communicate your desired outcome and needs.
I am in the process of purchasing my first home in Malden Rushett. Conveyancing solicitor already selected. The broker advised that a survey is not needed as the property is only 20 yrs old.
You would be well advised to have a Home Buyer's Report. As the property is more than ten years old the property will not benefit from a warranty, so you would be well advised not to take a risk. For a property that age with no signs of problems a Home Buyer's report could suffice. The report should highlight any obvious problems and recommend further investigation if appropriate. If there are any indications of problems obtain a comprehensive structural survey.