Can your site be used to recommend a Conveyancing solicitor in Nantyglo even where I’m not purchasing or disposing of a house, for instance where I wish to buy a shop in Nantyglo with a mortgage from Clydesdale?
The service is primarily there to get a quote from residential conveyancing solicitors in Nantyglo but we have set out towards the bottom of this page a selection of Nantyglo commercial conveyancing firms. You will need to make contact with the solicitors directly to establish if they can also act for Clydesdale
Is it the case that all Nantyglo CQS (Conveyancing Quality Scheme) solicitors are on the Nationwide conveyancing list of approved solicitors?
Some major banks and building societies now make use of CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of firms.
Is there a list of Barclays panel solicitors in Nantyglo on the Building Society Association’s Website?
No. There is no such directory service on the CML or Building Society Association websites. Very few lenders make their panel listings available on the web. Where you are looking for a Nantyglo solicitor on the Barclays please make the most of our tool.
I have a mortgage with Nottingham for my property in Nantyglo. Conveyancing has been completed some time ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Nottingham?
Your original mortgage agreement with Nottingham will provide that you need their approval before renting your property as this is likely to be a breach of Nottingham’s mortgage conditions. In many cases banks or building societies will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Nottingham directly. It should not be necessary to do this via a Nottingham conveyancing panel firm.
It has been four months following my purchase conveyancing in Nantyglo took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I'm purchasing my first flat in Nantyglo with a loan from Bank of Ireland. The builders refused to budge the price so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not disclose to my lawyer about the deal as it would affect my loan with the bank. Should I keep quiet?.
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 decided to have a survey done on a house in Nantyglo in advance of appointing conveyancers. I have been told that there is a flying freehold overhang to the house. Our surveyor has said that some mortgage companies may not grant a mortgage on this type of house.
It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to call us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Nantyglo. Conveyancing will be smoother if you use a solicitor in Nantyglo especially if they are acquainted with such properties in Nantyglo.
I was pointed in your direction by a few estate agents in Nantyglo to select a solicitor on your site. Is there a financial upside for Estate Agents to recommend your site over another?
We don’t make any referral fee for sending work to this site. We found it would be just too difficult to pay a commission as a client could think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.