I am buying a ground floor flat in Linslade. My lawyer is not listed on the mortgage company solicitor panel. Can I still continue with my Linslade conveyancing solicitor notwithstanding that they are not on the lender approved list?
You have a number of alternatives available to you here
- Carry on with your chosen Linslade conveyancing practitioner but your lender will need to appoint a property lawyer on their approved list. The net result is additional charges together with potential delay.
- Choose a fresh property lawyer to act in the purchase, ensuring that they are on the lender conveyancing panel.
- Convince your solicitor to pull out all the stops to get accepted on the bank’s conveyancing panel
Can I use your services to locate a Conveyancing solicitor in Linslade even where I’m not buying or selling a house, for example where I want to acquire an office in Linslade with a loan from Virgin Money?
Our search tool is mainly utilised to help choose residential conveyancing solicitors in Linslade but we have recorded at the end of this page a few Linslade commercial conveyancing firms. You should speak with the company directly to check if they are also authorised to represent Virgin Money
What is the optimum way to check that the solicitor conducting my conveyancing in Linslade is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Accord Mortgages Ltd thus paying £192.00 in additional legal charges.
You should make the most of the search tool on this page. Please choose the lender and type ‘Linslade’ or your preferred area and you will see a number of lawyer based in Linslade or near you.
I have justbeen informed that Arc property Solicitors have closed. They conducted my conveyancing in Linslade for a purchase of a freehold house 12 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The quickest way to see if the property is registered to you, 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 Linslade conveyancing specialists.
I am purchasing a new build house in Linslade benefiting from help to buy. The builders would not reduce the amount so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not to tell my conveyancer about this side-deal as it may affect my mortgage with the bank. Is this normal?.
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.
Am I right to be suspicious about third parties that I am dealing with are encouraging me to use a web based conveyancing firm rather than a High Street Linslade conveyancing practice?
As is the case with lots of service providers, often referrals from connections can be worth their weight in gold. But there are many parties with a keen interest in a conveyancing transaction; estate agents, financial adviser and mortgage companies might all put forward lawyers to select. Sometimes these conveyancers might be known to one of the organisations as experts in their field, but sometimes there exists a commercial relationship behind the recommendation. You have the right to select your preferred conveyancer. Don't forget that the majority of mortgage providers operate an approved list of law firms you must use for the mortgage aspect of your home move.