I am expecting a mortgage offer from Santander. My intention is to employ the services of a Licensed Conveyancer in Ludgershall. Does the Santander Solicitor panel include Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
I am due to complete on the purchase of a property in Ludgershall but as a consequence of wreckage from the recent storms I have was able negotiate reparation from the owner in the sum of £3k by way of a deduction in the price. This was going to be addressed as part of a side agreement but UBS will not agree to this. Should they have been informed?
The solicitor being on the UBS approved list is obliged to disclose to UBS of any variations to the sale price. If you prohibit your conveyancer to notify the reduction to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new conveyancing practitioner for your conveyancing in Ludgershall.
Do lenders provide you with an approved list of Ludgershall conveyancing solicitors? How do you know who is on the Skipton conveyancing panel?
Ludgershall conveyancing firms themselves provide us confirmation that they are on the Skipton conveyancing panel as opposed to being supplied with a list from Skipton directly.
Will my lawyer be asking questions concerning flooding as part of the conveyancing in Ludgershall.
Flooding is a growing risk for lawyers dealing with homes in Ludgershall. There are those who purchase a property in Ludgershall, fully expectant that at some time, it may suffer from flooding. However, aside from the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or sell the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Conveyancers are not qualified to give advice on flood risk, however there are a number of checks that can be undertaken by the purchaser or by their conveyancers which can figure out the risks in Ludgershall. The conventional set of property information forms sent to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) incorporates a standard question of the owner to determine whether the premises has ever been flooded. If the premises has been flooded in past and is not disclosed by the vendor, then a buyer may commence a compensation claim resulting from an incorrect answer. The purchaser’s solicitors may also commission an enviro search. This will higlight if there is a recorded flood risk. If so, additional investigations should be carried out.
I have justdiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in Ludgershall for a purchase of a freehold house 18 months ago. How can I establish that my home is in my name in the name of the previous owner?
The easiest way to see if the property is registered to you, you can make 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 Ludgershall conveyancing specialists.
I am buying a new build flat in Ludgershall. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Ludgershall
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are architect prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?