I am getting a offer of a home loan from Lloyds. I hope to employ the services of a Licensed Conveyancer in Eltham. Does the Lloyds Solicitor panel allow for conveyancers regulated by the CLC?
The Lloyds approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We hope to to buy with Norwich and Peterborough Building Society. We have called around locally yet cant to find a Eltham conveyancing firm on the Norwich and Peterborough Building Society approved list. Can you help?
Please do make use of the find a lender approved solicitor tool on this site. Pick the lender and type Eltham or your preferred area and you will be presented with numerous solicitors located in Eltham or by proximity to you.
I currently have a mortgage with HSBC for my property in Eltham. Conveyancing was finalised months ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform HSBC?
You must advise HSBC before renting your property as this is likely to be a breach of HSBC’s mortgage conditions. It may be that HSBC will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact HSBC directly. You need not do this via a HSBC conveyancing panel firm.
I am selling my apartment. I had a double glazing fitted in April 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Nationwide are being a right pain. The Eltham solicitor who is on the Nationwide conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Nationwide are requiring a building regulation certificate. Why do Nationwide have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nationwide have referred the matter to their valuer. The reason why Nationwide may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Our sealed bid on a property in Eltham has been agreed to, the owners do nevertheless have a tied purchase. The owners have offered on a property, but it’s not yet agreed to, and are looking at other flats booked. I have selected a nearby conveyancing solicitor in Eltham. What should be my next step? At what point should I apply for the mortgage with Coventry BS?
It is usual to have concerns where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx one thousand pounds, then valuation, Eltham conveyancing search fees, etc). First, you should check that your lawyer is on the Coventry BS conveyancing panel. Regarding the subsequent stages this very much dictated by the uniqueness of your case, desire for this property and on the state of the market. In a rising market the majority of home buyers would apply for the mortgage with Coventry BS and arrange for the valuation and only if it comes back ok would they request their conveyancing practitioner to press on with searches.
I have been on the look out for a flat up to £305k and found one round the corner in Eltham I like with open areas and transport links in the vicinity, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Eltham in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage the shortness of the lease will be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
Taking into account that I am about to spend over three hundred thousand on a garden flat in Eltham I wish to have a conversation with the conveyancer regarding theconveyancing ahead of instructing the firm. Can this be arranged?
Absolutely - we would be pleased to talk to you we do not take any clients on without you liaising with the lawyer due to be doing your property ownership legalities in Eltham.There is no ‘factory style conveyancing’ - every client is unique person, not a file reference. The law firms that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Eltham should be the amount on the final invoice that you end up paying.
I require the services of a mortgage company panel solicitor in Eltham. Could you help me?
Unfortunately it’s not apparent why you need a Eltham panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the lender to find out which solicitors in Eltham are on their panel . If you do find such a firm in Eltham not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site