Much to our surprise we have been told by our estate agent that my Poringland solicitor is not on the mortgage company Solicitor panel. What can I do to be certain that this is indeed the case?
The first thing you need to do is to contact your Poringland lawyer directly. You lawyer should inform you what has happened. If they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your lender.
Finally the sale completed on my house in Poringland last August but our buyer keeps e-mailing daily complaining that their lawyer needs to hear from mine. What are the post completion sale legalities now that I have sold?
Following your sale your lawyer is obliged to send the transfer deeds and all supplemental paperwork to the buyer’s lawyers. Where appropriate, your lawyer should also evidence that the legal charge in favour of the lender has been redeemed to the purchasers lawyers. There is unlikely to be post completion tasks unique to conveyancing in Poringland.
It has been four months following my purchase conveyancing in Poringland concluded. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £215,000. 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 residence 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 am purchasing a new build house in Poringland with a mortgage from Godiva Mortgages Ltd. The builders would not reduce the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not reveal to my solicitor about this deal as it would jeopardize my mortgage with Godiva Mortgages Ltd. 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 element on a property I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. Poringland is the location of the property. What do you suggest?
Flying freeholds in Poringland are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Poringland you must be sure that your lawyer goes 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 Poringland 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 premises.
My cousin has encouraged me to appoint his conveyancers in Poringland. Should I use them?
There are no two ways about it the best way to find a conveyancing practitioner is to seek referrals from friends or relatives who have experience in using the conveyancer that you are contemplating using.