Am I correct in assuming that the fact that my conveyancer in Crediton is not on my mortgage company's conveyancing panel that there is a problem with the quality of his conveyancing?
That would most likely be a wrong assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Crediton conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
My grandmother passed away six months ago and as sole heir and executor I was left the house in Crediton. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Santander, pay off the mortgage. Is this allowed?
Where you plan to refinance then Santander will insist on your using a conveyancer on the Santander conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Santander conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Santander mortgage is registered as a charge at the Land Registry.
Despite weeks of looking the Title Certificate and documents to our property are lost. The conveyancers who handled the conveyancing in Crediton 4 years ago have long since closed. What do I do?
These day there are duplicates made of almost everything, and your lawyer should know exactly where to find all the relevant paperwork so you can purchase or dispose of your house without any difficulty. Where copies can’t be found, your conveyancer may be able to put in place insurance or indemnities against possible claims on the premises.
I am buying my first flat in Crediton with the aid of help to buy. The developers would not move on the amount so I negotiated £7000 of fixtures and fittings instead. The property agent told me not inform my solicitor about this side-deal as it will put at risk my mortgage with Skipton 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.
I am looking into buying my first house which is in Crediton and I am already nervous. I couldn't find anything specific about Crediton. Conveyancing will be needed in due course but do you know about the Crediton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Crediton. In the meantime here are some basic statistics that we found
I note that you have a post code search directory listing law firms on the lender conveyancing panel. Do Crediton conveyancing companies pay you a commission if I appoint them for my own conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the mortgage company conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in Crediton.