Are the Long Melford conveyancing solicitors identified as being on the Leeds Building Society conveyancing panel, together with their details provided by Leeds Building Society?
Long Melford conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
I bought my home on 14 March and the transaction details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Long Melford expressed confidence that it should be recorded in a couple of weeks. Are transfers in Long Melford particularly slow to register?
There is nothing unique about conveyancing in Long Melford registration formalities. Rather than based on location, timescales can vary subject to the party submitting the application, whether it is in order and whether the Land registry have to notify any third persons or bodies. Currently approximately three quarters of submission are completed in less than three weeks but some can be subject to protracted hold-ups. Registration occurs once the purchaser has moved in to the property so post completion formalities is not typically top priority yet if there is a degree of urgency associated with the registration then you or your conveyancer can communicate with the Registry to express the reasoning for an expedited registration.
I'm buying my first flat in Long Melford with a loan from Bank of Ireland. The sellers refused to reduce the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep told me not inform my conveyancer about the deal as it could jeopardize my mortgage with the lender. 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.
I opted to have a survey carried out on a property in Long Melford in advance of instructing lawyers. I have been advised that there is a flying freehold element to the property. My surveyor advised that some banks will refuse to grant a mortgage on such a home.
It depends who your proposed lender is. Lloyds has different requirements for example to Birmingham Midshires. If you contact us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Long Melford. Conveyancing will be smoother if you use a solicitor in Long Melford especially if they are accustomed to such properties in Long Melford.
I am downsizing from my home. My former conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Long Melford if that makes things easier.
Do use our search tool to help you choose a solicitor for your conveyancing in Long Melford. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
Our lenders have just issued us with a mortgage offer. We are using a local conveyancer in Long Melford yesterday. Today, our financial adviser phoned to advise us that the bank said that we cannot use our solicitor as they aren't on their panel. As FTB's, we did not have a clue that the lender had some control over our choice Is this permitted?
You are permitted to appoint any conveyencer you wish to instruct including the said conveyancer in Long Melford however if your mortgage company aren't happy with them you must pay an extra fee so the bank can retain their own solicitors as well to protect their interest. sometimes it is possible your preferred conveyancing firm to get added to the lender panel. You can use online tools such as lenderpanel.com to find a conveyancing solcitor in Long Melford on the lender panel. You can go into your local lender branch in Long Melford. They can recommend conveyancing solicitors in Long Melford on the approved list.