I am considering applying for a Santander mortgage for purchase of a new build (under development) in Burton Bradstock with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Santander ?
In theory, you could use a solicitor that is not on the Santander conveyancing panel, but Santander would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
I am the only recipient of my late grandmother’s will with all property in now in my sole name, including the house in Burton Bradstock. The Burton Bradstock property was put into my name in September. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', meaning my proprietorship could be considered the same way as if I'd bought the property in September. Is the property unsalable for six months?
The CML handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. How practical a view mortgage companies take of it, depend on the bank as this obligation is principally there to capture the purchase and immediately sell or the wholesaling and assigning of property.
Completion of my remortgage has taken place for my property in Burton Bradstock. 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 banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department 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 who will take matters further.
I've digested plenty of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Burton Bradstock solicitor - who is on the Lloyds conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancing practitioner will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Burton Bradstock postcode. As you are getting a mortgage with Lloyds, you could contact them to see if they have a list of approved surveyors in Burton Bradstock.
I have recentlydiscovered that Action Conveyancing have closed. They conducted my conveyancing in Burton Bradstock for a purchase of a freehold house 9 months ago. How can I check that the property is not still registered in the name of the previous owner?
The easiest way to check if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Burton Bradstock conveyancing specialists.
Due to the encouragement of my in-laws I had a survey completed on a property in Burton Bradstock before instructing lawyers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some banks will not grant a loan on such a property.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. Should you wish to call us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Burton Bradstock. Conveyancing may be slightly more expensive based on your lender's requirements.
How simple is it to use your search tool to get a costs illustration from a conveyancing lawyer in Burton Bradstock on the authorised to act for my mortgage?
Step one is to pick a mortgage company such as Lloyds TSB Bank, Barnsley Building Society or Alliance & Leicester then choose your location a common one being Burton Bradstock. Conveyancing organisations in Burton Bradstock and across England and Wales will then be listed.
Been on the hunt for a conveyancing practitioner for leasehold sale conveyancing in Burton Bradstock. We are selling, uncomplicated no mortgage to discharge, no hurry, no onward purchase. Got a quote from a property lawyer for nine hundred pounds including VAT which is a little expensive considering its so straightforward. Is it possible to find less expensive fees for conveyancing in Burton Bradstock?
Given that it’s a sale only, £450 + VAT should be about the cheapest for sale conveyancing in Burton Bradstock.