I can't travel far from Easthampstead. What is the rationale as to why all Easthampstead solicitors aren't included on all lender panels?
Mortgage companies point to the fact that solicitor-led fraud is considered 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 FSA in 2011. Its conclusions included recommendations for lenders to review their conveyancing panels, which kicked off a major policy change in the sector. It led to lenders purging a number of firms off their books of approved lawyers .
It has been three months following my purchase conveyancing in Easthampstead took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am purchasing a new build house in Easthampstead with a mortgage from Alliance & Leicester . The developers refused to budge the amount so I negotiated £7000 of additionals instead. The house builders rep told me not reveal to my lawyer about this deal as it will affect my loan with Alliance & Leicester . Should I keep quiet?.
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've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a straight forward, no chain conveyancing. Easthampstead is where the house is located. What do you suggest?
Flying freeholds in Easthampstead are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Easthampstead you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Easthampstead may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Are there any apps to help search for a Easthampstead law firm on the Chelsea Building Society conveyancing panel? I have wheels and am happy to travel upto 25kilometers to meet the lawyer.
Feel free to make use of the search on this page. Please select a bank and your location and you will see a number of Easthampstead conveyancing lawyers based on proximity. We have detailed some Easthampstead conveyancing firms towards the end of this page and you can contact them to verify if they are on the Chelsea Building Society panel
I need to find a conveyancing solicitor for leasehold conveyancing in Easthampstead. I've stumble across a web site which seems to have the perfect offering If there is a chance to get all the legals done via email that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?