It is is a decade since I bought my home in East Dulwich. Conveyancing lawyers have recently been appointed on the sale but I am unable to find my deeds. Is this a problem?
Don’t worry too much. First the deeds may be with the mortgage company or they could be in the possession of the lawyers who acted in your purchase. Secondly in most cases the land will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors procuring up to date copy of the land registers. Almost all conveyancing in East Dulwich relates to registered property but in the rare situation where your property is unregistered it adds to the complexity but is not insurmountable.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in East Dulwich. My lender is Virgin
Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 9/7/2019, the requirements read as follows :
I'm the only recipient of my late grandmother’s estate and I have everything in my name alone, including the my former home in East Dulwich. The East Dulwich property was put into my name in June. I want to move. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my property ownership may be regarded the same way as though I had purchased the house in June. Is the property unsalable for six months?
The CML handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. Some mortgage companies would take a practical view as this requirement is principally there to capture subsales or the quick reselling of properties.
The formalities of my purchase has taken place for my property in East Dulwich. Conveyancing was satisfactory but I would like to complain about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. In most cases complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I was told two weeks ago that my mortgage has been agreed to by Leeds Building Society. Is it usual for Leeds Building Society to only issue the offer once my solicitor in East Dulwich is approved on their conveyancing panel? Leeds Building Society have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Leeds Building Society to deal with your lawyer's application to be on the Leeds Building Society conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have todaybecome aware that Wolstenholmes have closed. They conducted my conveyancing in East Dulwich for a purchase of a leasehold apartment 10 months ago. How can I check that my home is not still registered in the name of the former proprietor?
The easiest way to see if the property is in your name, 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 East Dulwich conveyancing specialists.
I am purchasing my first flat in East Dulwich with the aid of help to buy. The sellers would not reduce the price so I negotiated £7000 of extras instead. The estate agent told me not disclose to my lawyer about the deal as it will adversely affect my loan with The Royal Bank of Scotland. Do I keep my lawyer in the dark?.
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.
I see that you have a search directory listing firms on the bank conveyancing panel. Do East Dulwich conveyancing companies pay you a commission if I instruct them for my conveyancing?
We are a listing service only for law firms wishing to communicate if they are on the lender conveyancing panel or other lender panels. We do not charge referral fees to the any conveyancer that you subsequently appoint for your conveyancing in East Dulwich.