We note that you have a search directory listing solicitors on the Barclays conveyancing panel. Do companies pay you a referral fee if I appoint them for our own conveyancing in Stamford?
We are a listing service only for law firms wishing to communicate if they are on the Barclays conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Stamford.
Do the Building Society Association intend to launch a searchable register to list firms on the Loughborough BS conveyancing panel for example in Stamford?
Lexsure has not been advised of any intention on the part of the BSA to develop such a search facility.
My conveyancer has informed me that lack of planning permission insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Stamford?
The right level of lack of planning permission indemnity insurance depends on who your lender is. It would differ for example between Halifax and Leeds Building Society. Conveyancing lawyers as opposed to members of the public take out such insurances.
I had a mortgage agreed in principle with Lloyds. Stamford conveyancing practitioners were appointed. What is the average time that one could expect to receive a mortgage offer from Lloyds?
Some lenders take longer than others. Have Lloyds done the valuation? Have you advised Lloyds as to your lawyers' details and checked that your lawyers are on the Lloyds conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
The formalities of my purchase has taken place for my property in Stamford. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. We understand that complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
Various online forums that I have frequented warn that are the number one reason for stalling in Stamford conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the most frequent causes of hindrances during the legal transfer of property. Searches are unlikely to be the root cause of delay in conveyancing in Stamford.
I'm purchasing my first flat in Stamford with a mortgage from Nottingham Building Society. The developers would not budge the amount so I negotiated £7000 of extras instead. The house builders rep advised me not disclose to my conveyancer about this extras as it will adversely affect my mortgage 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 am using a search engine for the words on line conveyancing in Stamford it shows results of many conveyancersin the area. With so much choice what is the best way to find the right conveyancing solicitor for me?
The preferential way of seeking the right conveyancer is via personal referral, so ask friends and family who have bought a property in Stamford or the local estate agent or mortgage broker. Costs for conveyancing in Stamford differ, so it's sensible to obtain a minimum of three costs illustrations from different property lawyers. Make sure that you know that the fees are fixed.