I am not well enough to travel far from Caddington. Can you please clarify why all Caddington property lawyers are not on all lender panels?
Banks point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The dismissal of law firms off of lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its outcome included recommendations for mortgage companies to review their conveyancing panels, which kicked off a major policy change in the sector. It led to lenders removing a number of firms from their panel of approved solicitors .
My lender has suggested solicitors on their panel based in Caddington but I would rather choose a conveyancing lawyer in Caddington or nearer to where I live. Are you able to help?
Not all Caddington conveyancing practices are approved and listed on all lender’s conveyancing panel. Use our search tool to locate a Caddington conveyancing solicitor on the on the lender panel.
I have justfound out that Stirling Law have been shut down. They conducted my conveyancing in Caddington for a purchase of a leasehold flat 18 months ago. How can I check that my home is registered correctly in the name of the previous owner?
The easiest way to check if the premises is registered to you, you can carry out 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 Caddington conveyancing specialists.
I am buying my first flat in Caddington with the aid of help to buy. The sellers would not reduce the price so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not inform my solicitor about the deal as it could put at risk my mortgage with Yorkshire Building Society. Do I keep my lawyer in the dark?.
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.
Due to the input of my in-laws I had a survey completed on a property in Caddington ahead of instructing conveyancers. I have been told that there is a flying freehold overhang to the property. My surveyor advised that some lenders may not give a mortgage on a flying freehold house.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. If you contact us we can check with 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 Caddington. Conveyancing may be slightly more expensive based on your lender's requirements.
As co-executor for the will of my grandmother I am selling a residence in Newport but reside in Caddington. My conveyancer (based 260 kilometers awayhas requested that I execute a stat dec prior to completion. Could you suggest a conveyancing practitioner in Caddington to witness this legal document for me?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are Caddington based