When scouring online forums for a high-quality lawyer in Meopham, many post that I should use a CQS accredited solicitor. What is CQS?
The Law Society's Conveyancing Quality Scheme is the recognised kitemark for legal experts in buying or selling property, trusted by some of the UK's major mortgage companies. Four years ago the Conveyancing Quality Scheme was officially recognised by the Association of British Insurers (ABI). The scheme does not cover licenced conveyancers. Meopham is one of the numerous areas of the UK where there are CQS solicitors.
Me and my brother own a terraced Victorian house in Meopham. Conveyancing lawyer represented me and Coventry Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold with the exact same property. Is it worth asking Coventry Building Society to clarify?
You need to assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Meopham and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with your conveyancing solicitor who conducted the work.
I'm purchasing my first flat in Meopham with the aid of help to buy. The sellers would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent told me not to tell my conveyancer about this side-deal as it could impact my mortgage with the bank. 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.
Due to the advice of my in-laws I had a survey completed on a property in Meopham ahead of instructing lawyers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies will not issue a loan on a flying freehold property.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Meopham. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Meopham to see if the conveyancing costs will increase in light of this.
How simple is it to use the search facility to choose a conveyancing lawyer in Meopham on the approved list for my lender?
First pick a bank such as Accord Mortgages Ltd, Barnsley Building Society or Britannia then choose your preferred area such as Meopham. Conveyancing practices in Meopham and further afield should be shown.
We're new on the property ladder - agreed a price, but the selling agent has warned us that the owners will only proceed if we instruct their recommended conveyancers as they need a ‘quick sale’. My instinct tells me that we should use a local conveyancer used to conveyancing in Meopham
It is improbable the vendors are behind this. Should the seller require ‘a quick sale', alienating a motivated buyer is going to damage their objectives. Try to communicate with the vendors directly and make the point that (a)you are motivated buyers (b)you are ready to go, with finances in place © you do not need to sell (d) you wish to move quickly (e)however you will continue to instruct your preferred Meopham conveyancing solicitors - not the ones that will provide the negotiator at the agency a referral fee or achieve conveyancing thresholds set by HQ.