I have just been advised by my estate agent that my Woodcote the law firm I have appointed is not on the lender Solicitor panel. How can I be sure if this is correct?
The first thing you need to do is to call your Woodcote lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
We note that you have a search directory identifying solicitors on the Barclays conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Woodcote?
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 Woodcote.
I just bought a house at auction in Woodcote. Conveyancing is needed. What are my next steps?
Having to in every practical sense signed on the dotted line you should hire the services of a conveyancing lawyer quickly as you now have a tight deadline in which to complete the transaction. Every auction property should have a bespoke auction set of papers. This will include most,if not all of the paperwork that your lawyer will need. Where you are dealing with leasehold property the auction pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation relating to leasehold premises. You should pass this on to the solicitor working for you ASAP. You also need to ensure that you have funds in order to complete on the on the contractual date .
Is it the case that all Woodcote conveyancing solicitors on the UBS conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the UBS conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel and in such a situation the firms would be overseen by the CLC.
Principality have agreed my mortgage in principle, my bid on a flat in Woodcote has been accepted, what happens next?
The property agent will want to know who your solicitors are (make sure the conveyancing practitioners are on the bank’s panel). Telephone Principality or your financial adviser and finish off any appropriate forms. Principality will appoint a valuer who will get in touch with the estate agent or vendor to arrange an appointment. Once carried out (assuming no problems) it takes approximately ten days to receive the mortgage offer. Principality will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Woodcote.
My wife and I purchased a terraced Georgian property in Woodcote. Conveyancing practitioner acted for me and Nottingham Building Society. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold with the exact same property. I'd like to know for sure, how can I find out??
You need to assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Woodcote and other locations in 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 purchasers. You can also question the situation with your conveyancing lawyer who completed the work.
I'm buying my first flat in Woodcote with a loan from Barclays . The builders refused to reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep suggested that I not reveal to my conveyancer about this deal as it will put at risk my mortgage with the lender. Is this normal?.
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.
My uncle has recommend that I use his conveyancing solicitors in Woodcote. Should I use them?
There are no two ways about it it’s preferable to select a conveyancing lawyer is to seek recommendations from friends or relatives who have experience in using the firm you're contemplating using.