I am obtaining a offer of a home loan from Halifax. I intend to employ the services of a Licensed Conveyancer in Tulse Hill. Does the Halifax Conveyancing panel exclude Licensed Conveyancers?
The Halifax conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My Conveyancer in Tulse Hill has never been on on the Clydesdale Conveyancing Panel. Can I still use my family solicitor even though they are excluded from the Clydesdale list of approved lawyers?
Your options are as follows:
- Carry on with your existing Tulse Hill lawyers but Clydesdale will need to use a solicitor on their panel. This will inevitably rack up the total legal charges as well as cause delays.
- Find a new practitioner to act in the purchase, remembering to check they are on the Clydesdale panel
Me and my brother purchased a renovated Victorian house in Tulse Hill. Conveyancing lawyer acted for me and Birmingham Midshires. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold with the matching property. If a house is not a freehold shouldn't I have been informed?
You should 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Tulse Hill 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 buyers. You can also enquire as to the situation with the conveyancing solicitor who conducted the work.
I'm buying my first flat in Tulse Hill with a loan from The Royal Bank of Scotland. The sellers refused to budge the price so I negotiated £7000 of extras instead. The estate agent suggested that I not disclose to my lawyer about this extras as it would jeopardize my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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 need to retain a conveyancing solicitor for my conveyancing in Tulse Hill. I happened to land on a web site which looks to be the perfect answer If there is a chance to get all this stuff done via phone that would be preferable. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have appointed a Tulse Hill conveyancing solicitor for our home move (FTB’s) and have picked up in the terms and conditions that they are not regulated by the FCA. Am I right to be concerned or is that usually the case with lawyer?
We can't see why they should be. Most lawyer don't lend money. You should check that they are governed by the SRA, who dictate strict rules in place on monies deposited on client account.