I am obtaining a mortgage offer from Santander. I would like to use a Licensed Conveyancer in Aughton. Does the Santander Conveyancing panel include conveyancers regulated by the CLC?
The Santander conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
What is the first thing I need to know concerning purchase conveyancing in Aughton?
You may not hear this from too many lawyers but conveyancing in Aughton and elsewhere in England and Wales is often a confrontational experience. Put another way, when it comes to conveyancing there is an abundance of opportunity for conflict between you and others involved in the legal transfer of property. For instance, the vendor, selling agent and even potentially your mortgage company. Selecting a law firm for your conveyancing in Aughton should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the legal process whose role it is to protect your best interests and to protect you.
On occasion a third party with a vested interest will attempt to convince you that it is in your interests to do things their way. As an example, the selling agent may claim to be assisting by claiming that your lawyer is dragging his heels. Or your mortgage broker may tell you to do take action that is contrary to your solicitors advice. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
Do I have to attend the offices of the solicitor to execute the legal charge? If so, I will instruct a firm who offer conveyancing in Aughton so that I can attend their offices when needed.
As opposed to twenty years ago, the vast majority mortgage companies no longer need their conveyancing panel solicitor to witness the borrowers signature. It will still be necessary for you to hand over identification documents and there are still distinct benefits to instructing a locally based solicitor, in your situation a conveyancing solicitor in Aughton.
Various web forums that I have come across warn that are the main cause of stalling in Aughton house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances during the legal transfer of property. Searches are not likely to be the root cause of slowing down conveyancing in Aughton.
I own a 4 bedroom Georgian house in Aughton. Conveyancing solicitor acted for me and Godiva Mortgages Ltd. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold under the matching address. I'd like to know for sure, how can I find out??
You should read 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Aughton 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 mortgage companies. You can also enquire as to the position with your conveyancing solicitor who conducted the work.
I'm converting the mortgage on my current home to a BTL mortgage with Birmingham Midshires and I will use the rest of the raised equity as a down payment on a second property. The location we are talking about is Aughton. Will your lawyers be able to act for both sets of lenders and link together the transactions?
Do use our comparison tool on this site to be sure that the solicitors are approved by both mortgage companies. Having checked that they are your conveyancer should be able to simultaneously deal with the two conveyancing matters but you should talk with you conveyancer and communicate your expectations and requirements.