I am not in a position to travel far from Coombe Dingle. I would like to know the reason why all Coombe Dingle conveyancers aren't included on all mortgage company panels?
Before the recession most lenders had an attitude to risk which differs from the current day. The financial regulator in 2010 conducted a thematic review into mortgage fraud which concluded: know the property lawyers on your panel. Accordingly, mortgage companies have since looked to extract more data from law firms about their operations and the individuals who work for them and set certain criteria such as completing a minimum amount of transactions. Thousands of law practices have found themselves removed from lender panels even though they had 100% healthy track record, no complaints and zero claims and didn't just 'dabble' in conveyancing. Many firms were never going to satisfy the minimum volume of transactions the mortgage companies insisted on.
Can I use your services to recommend a Conveyancing solicitor in Coombe Dingle even if I’m not purchasing or selling a house, for instance if I wish to buy a shop in Coombe Dingle with a loan from TSB?
Our comparison service is mainly used to help choose residential conveyancing solicitors in Coombe Dingle but we have recorded towards the end of this page some Coombe Dingle commercial conveyancing firms. You will need to speak with the solicitors directly to see if they can also act for TSB
Is it necessary during the course of the conveyancing process to visit the offices of the solicitor to sign the mortgage deed? If so, I will instruct a firm who offer conveyancing in Coombe Dingle so that I can pop in to their offices if necessary.
Nowadays conveyancing panel lawyers for lenders conduct all of the work via Royal Mail, e-mail or over the phone. This enables them to undertake the legal work for your home move regardless of where you live in England or Wales. However you should see if you have the option of going to the offices of your conveyancing lawyer if just in case this is required.
Despite weeks of looking the Title Certificate and documents to my home are lost. The solicitors who conducted the conveyancing in Coombe Dingle 4 years ago no longer exist. What are my options?
Gone are the days when you need to hold title deeds to prove you own the land or premises, as the Land Registry have everything they need in a digital format.
I am buying my first flat in Coombe Dingle benefiting from help to buy. The developers refused to budge the amount so I negotiated 6k of extras instead. The property agent suggested that I not disclose to my lawyer about the extras as it could jeopardize my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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 encouragement of my in-laws I had a survey completed on a house in Coombe Dingle prior to appointing solicitors. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies may not grant a loan on such a house.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. If you e-mail us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Coombe Dingle. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Coombe Dingle to see if the conveyancing costs will increase in light of this.