I am obtaining a offer of a home loan from Lloyds. My intention is to enlist the help of a Licensed Conveyancer in Somerstown. Does the Lloyds Conveyancing panel include Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Our grandson is about to exchange on a house that has just been built in Somerstown with a mortgage from Santander. His solicitor has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Santander conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Santander conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
I am purchasing a terraced house in Somerstown. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Somerstown you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Somerstown.
I have todaybeen informed that Action Conveyancing have been shut down. They carried out my conveyancing in Somerstown for a purchase of a leasehold flat 18 months ago. How can I be sure that my home is not still registered in the name of the former proprietor?
The quickest way to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Somerstown conveyancing specialists.
I decided to have a survey completed on a house in Somerstown ahead of retaining solicitors. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some banks will not grant a mortgage on this type of house.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Somerstown. Conveyancing may be slightly more expensive based on your lender's requirements.
What type of property do your Somerstown conveyancing estimates apply to?
Our conveyancing quotes are only applicable to standard residential premises in England & Wales. Where you have any different needs for example industrial or agricultural land or commercial conveyancing in Somerstown you should contact us to address your requirements .