The loan agreement from Nationwide for the remortgage of my 3 room garden flat is to be issued within the next few days. Are you able to recommend a cheap conveyancing solicitor in Norton Woodseats?
This site is not designed to aid those in their quest for the cheapest conveyancing in Norton Woodseats. Our goal is to offer excellent value conveyancing but we do not aim to work with the cheapest lawyers. Resist the temptation to appoint brokers offering the bait of £100 conveyancing in Norton Woodseats. The optimum result, in being led by low cost conveyancing, you will get your money’s worth and at worst it will result in you paying a lot in extras and still not receive the service required.
My husband and I are nearing an exchange on a property in Norton Woodseats and my parents have transferred the ten percent deposit to my conveyancer. I am now told that as the deposit has been received from someone other than me my property lawyer needs to disclose this to my bank. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the lender about my parents' contribution when I applied for the home loan, so is it really necessary for him to raise this?
Your lawyer is legally required to check with mortgage company to make sure that they are aware that the balance of the purchase price is not from your own funds. The solicitor can only report this to your mortgage company if you agree, failing which, your lawyer must cease to continue acting.
It is a dozen years since I purchased my property in Norton Woodseats. Conveyancing solicitors have just been appointed on the sale but I can't locate my deeds. Will this cause complications?
Don’t worry too much. Firstly there is a chance that the deeds will be kept by the lender or they could be in the possession of the conveyancers who handled your purchase. Secondly in most cases the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors procuring current official copies of the land registers. Almost all conveyancing in Norton Woodseats involves registered property but in the rare situation where your home is not registered it is more tricky but is resolvable.
Having spent time looking at mumsnet.com for an affordable solicitor in Norton Woodseats, many comment that I should look for a CQS accredited solicitor. Can you explain what CQS is?
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 leading banks. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Association of British Insurers (ABI). CQS is not a scheme offered by the Society for Licensed Conveyancers. Norton Woodseats is one of the many areas of the UK where there are Accredited lawyers.
My colleague advised me that where I am buying in Norton Woodseats I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually included in the estimate for your Norton Woodseats conveyancing searches. It is a large document of about 40 pages, listing and detailing significant information about Norton Woodseats around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data concerning Norton Woodseats.
I opted to have a survey completed on a house in Norton Woodseats ahead of retaining lawyers. I have been informed that there is a flying freehold overhang to the house. My surveyor has said that some banks may not give a mortgage on this type of house.
It depends who your proposed lender is. HSBC has different requirements for example to Nationwide. Should you wish to call us we can look into this further 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 Norton Woodseats. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Norton Woodseats to see if the conveyancing will be more expensive.