We note that you have a search directory identifying law firms on the Leeds Building Society conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Seaham?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Seaham.
When reading moneysavingexpert.com for an online lawyer in Seaham, most comment that I should look for a CQS assured solicitor. What is CQS?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in the legal transfer of properties, trusted by some of the UK's major mortgage companies. Four years ago the Conveyancing Quality Scheme was officially recognised by the Building Societies Association (BSA). The scheme does not cover licenced conveyancers. Seaham is one of the numerous areas in England and Wales where there are CQS lawyers.
My solicitor has informed me that lack of right of way insurance is necessary on my purchase. What is the level of cover for Seaham conveyancing?
The right level of lack of right of way indemnity insurance should be dictated by who your lender. It would differ for example between HSBC Bank and Virgin Money. Conveyancing lawyers as opposed to borrowers take out such insurances.
I have a mortgage with HSBC for my property in Seaham. Conveyancing has been completed a year 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 HSBC?
HSBC must be informed of your intention before letting out your property as this is likely to be a breach of HSBC’s mortgage conditions. In many cases banks or building societies will permit you to let 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 HSBC directly. It should not be necessary to do this via a HSBC conveyancing panel firm.
Bank of Ireland have agreed my home loan in principle, my bid on a house in Seaham has been agreed to, now what?
The property agent will need to be advised as to your conveyancer's details (ensure that the lawyers are on the lender’s panel). Telephone Bank of Ireland or your financial adviser and finalise any appropriate paperwork. Bank of Ireland will appoint a valuer who will get in contact with the estate agent or vendor to arrange a slot for the valuation to occur. Once conducted (assuming no problems) it takes approximately a fortnight to get a mortgage offer. Bank of Ireland will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Seaham.
We are buying a property and the lawyer has identified Chancel Repair to which the house may be liable given it’s proximity to the area of such a church. He has recommended insurance. Is this really necessary for conveyancing in Seaham
Unless a prior acquisition of the property completed post 12 October 2013 you may take it that lawyers conducting conveyancing in Seaham to remain encouraging a chancel search and or chancel repair liability insurance.
My wife and I have a semi-detached Edwardian property in Seaham. Conveyancing practitioner represented me and Halifax. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold under the matching address. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register as there may be 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 Seaham and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with your conveyancing solicitor who conducted the work.
I need to instruct a conveyancing lawyer in Seaham for my home move. Can I see a firm’s complaints history with the profession’s regulator?
Members of the public can review published Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. To find details Pre 2008, or to check a solicitors record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, use +44 (0)121 329 6800. The SRA could recorded telephone calls for training purposes.