Is it the case that all Ottershaw CQS (Conveyancing Quality Scheme) solicitors are on the Leeds Building Society conveyancing panel?
Some major lenders now utilise the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.
We have a mortgage agreed in principle with Yorkshire BS. Ottershaw conveyancing lawyers are instructed. How long does it take for Yorkshire BS to issue the offer to the conveyancing practitioner?
There is no definitive answer here. Have Yorkshire BS conducted the survey? Have you informed Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
After weeks of negotiation I have agreed a price on a house in Ottershaw. My financial adviser suggested a conveyancer. I paid an on account payment of £200. Shortly after, the conveyancing practitioner called me to say that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Are there restrictive covenants that are commonly identified as part of conveyancing in Ottershaw?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Ottershaw. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm buying my first flat in Ottershaw with the aid of help to buy. The developers would not move on the price so I negotiated 6k of fixtures and fittings instead. The estate agent advised me not to tell my lawyer about this side-deal as it may affect my mortgage with Britannia. Do I keep my lawyer in the dark?.
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.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Ottershaw is the location of the property. What do you suggest?
Flying freeholds in Ottershaw are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ottershaw you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ottershaw may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
How simple is it to transfer to a new solicitor as I have to find a firm on the Bank of Ireland conveyancing list. I instructed a family conveyancing solicitor in Ottershaw five minutes from me but he is not approved by Bank of Ireland
We will our best to assist in finding you a conveyancing solicitor in Ottershaw on the Bank of Ireland panel. Please note that the conveyancers that we on the directory do not pay us a referral fee if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Ottershaw. Using search facility on this website, you can scrutinise charges for conveyancing solicitors in Ottershaw and beyond.
As co-executor for the will of my father I am disposing of a property in Cardiff but I am based in Ottershaw. My solicitor (based 235 miles from meneeds me to execute a stat dec ahead of completion. Can you recommend a conveyancing lawyer in Ottershaw who can witness this legal document for me?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are based in Ottershaw