In looking at consumer advice sites for a cheap lawyer in Lees, most post that I should instruct a CQS kitemarked lawyer. What is CQS?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in home moving process, trusted by some of the UK's leading banks. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Building Societies Association (BSA). The scheme does not cover licenced conveyancers. Lees is one of the numerous areas of the UK where there are CQS solicitors.
I have been told that property searches are the primary reason for obstruction in Lees house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances during the legal transfer of property. Searches are not likely to be the root cause of delay in conveyancing in Lees.
Me and my brother own a terraced Victorian house in Lees. Conveyancing lawyer acted for me and Accord Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the exact same address. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lees and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the position with the conveyancing practitioner who conducted the conveyancing.
I'm purchasing my first flat in Lees benefiting from help to buy. The developers refused to reduce the amount so I negotiated 6k of fixtures and fittings instead. The property agent told me not to tell my solicitor about the side-deal as it could affect my mortgage with TSB. Is this normal?.
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.
Due to the advice of my in-laws I had a survey completed on a house in Lees before instructing solicitors. I have been advised that there is a flying freehold element to the property. Our surveyor advised that some banks tend refuse to issue a loan on such a home.
It varies from the lender to lender. Lloyds has different requirements from Halifax. Should you wish to call us we can look into this further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Lees. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm remortgaging my existing property to a buy to let mortgage with Nottingham Building Society and intend to use the remaining equity as a deposit on a second house. The area we are interested in is Lees. Will your lawyers be able to act for the two lenders and tie in the conveyances?
Make use of our search tool on this site to be sure that the solicitors are on the relevant lender panels. Having checked that they are the lawyer should be able to connect the two transactions but you should talk with you conveyancer and make clear your desired outcome and needs.