I am expecting a mortgage with Halifax. I hope to instruct a Licensed Conveyancer in Reynoldston. Does the Halifax Solicitor panel allow for Licensed Conveyancers?
The Halifax approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We see that you have a search directory identifying solicitors on the Skipton conveyancing panel. Do firms pay you a commission if I instruct them for our own conveyancing in Reynoldston?
We are a listing service only for law firms wishing to communicate if they are on the Skipton conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Reynoldston.
After looking at online forums for a recommended lawyer in Reynoldston, many comment that I should look for a CQS assured solicitor. Can you explain what CQS is?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to prudent and efficient conveyancing procedures through the scheme protocol It covers numerous partnerships who handle conveyancing in Reynoldston.
I purchased a semi-detached Edwardian house in Reynoldston. Conveyancing solicitor represented me and Birmingham Midshires. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold with the exact same property. I thought I was buying a freehold how can I check?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Reynoldston and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with the conveyancing lawyer who completed the work.
I'm buying my first flat in Reynoldston with a mortgage from Skipton Building Society. The sellers refused to budge the price so I negotiated 6k of extras instead. The sale representative told me not inform my lawyer about this deal as it will impact my loan with the bank. 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 decided to have a survey carried out on a house in Reynoldston before instructing solicitors. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some banks will not give a mortgage on such a home.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to telephone us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Reynoldston. Conveyancing will be smoother if you use a solicitor in Reynoldston especially if they are familiar with such properties in Reynoldston.