My husband and I are purchasing a brand new duplex in Alston and my conveyancer is informing me that she is duty bound to the lender to disclose incentives from the developer. The Estate Agents are hassling me to sign contracts and I have no desire to prolong the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are buying a house and require a conveyancing solicitor in Alston who is on the Lloyds solicitor panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds . We don't recommend any particular firms conducting conveyancing in Alston.
Despite weeks of looking the Title Certificate and documents to my home are lost. The conveyancers who did the conveyancing in Alston 5 years ago are no longer around. What do I do?
You no longer need to hold title official documentation to prove you are the registered proprietor of land or property, as the Land Registry hold details of all registered land or property electronically.
How does conveyancing in Alston differ for newly converted properties?
Most buyers of new build residence in Alston contact us having been asked by the developer to sign contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Alston usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Alston or who has acted in the same development.
Due to the encouragement of my in-laws I had a survey completed on a property in Alston ahead of retaining solicitors. I have been informed that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies tend not issue a mortgage on this type of property.
It depends who your proposed lender is. Santander has different requirements from Nationwide. If you e-mail us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Alston. Conveyancing may be slightly more expensive based on your lender's requirements.
My uncle has recommend that I appoint his conveyancers in Alston. Do I take his advice?
Much as we are happy to recommend a Alston conveyancing lawyer it’s preferable to find a conveyancing solicitor is to seek referrals from friends or relatives who have experience in using the firm that you are contemplating using.