I am expecting a mortgage with Santander. I intend to employ the services of a Licensed Conveyancer in Sleaford. Does the Santander Conveyancing panel include Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Completed the sale of my flat in Sleaford last May yet the purchaser is texting daily to moan that her lawyer is waiting to hear from mylawyer. What should have happened now that I have sold?
Following your disposal your conveyancer is obliged to forward the transfer deeds and all of the paperwork to the purchaser's conveyancer. Where relevant, your lawyer should also send confirmation that the legal charge in favour of the lender has been redeemed to the purchasers lawyers. There are no post completion procedures unique to conveyancing in Sleaford.
It has been 2 months following my purchase conveyancing in Sleaford completed. I have checked the Land Registry site which shows that I paid £175,000 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 looking for a ground for flat up to £195,000 and found one near me in Sleaford I like with open areas and transport links in the vicinity, the downside is that it's only got 52 years on the lease. There is not much else in Sleaford suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you need a home loan that many years may be an issue. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you can ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.
I was recommended by a few selling agents in Sleaford to find a conveyancer on your site. Is there a financial incentive for Estate Agents to promote your site over a competitor’s?
We refuse to give any financial incentive for sending work our way. We thought it would be too underhand a fee as members of the public would think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
My estate agent has suggested using their property lawyer for the conveyancing in Sleaford - won’t it be easier to just instruct them?
This is not necessarily the case and you are entitled to use whichever conveyancing practitioner you decide for your Sleaford conveyancing. The conveyancer put forward by an estate agent may not necessarily be the best conveyancing practitioner, they may put forward their preferred conveyancing firm who are based far away. In this instance you may not have contact with your conveyancer and due to the lack of continuity in the transaction, it may be difficult to obtain updates.