It has taken forever and a day but a mortgage agreement from HSBC for the remortgage of my 2 room maisonette is due any day now. Are you able to put forward a cheap conveyancing law firm in Morecambe?
You are on the wrong site if you are in need of a cheap conveyancing solicitors in Morecambe. We can offer you affordable conveyancing but our intention is not to advertise as being the cheapest. Resist the temptation to appoint brokers enticing you with ninety nine pound conveyancing in Morecambe. In your best case scenario, in deciding on low cost conveyancing, you will end up with what you pay for and at worst it will result in you invoiced for additional fees and still not end up with the service required.
Completed the sale of my flat in Morecambe last August yet the purchaser is texting daily complaining that his lawyer needs to hear from mysolicitor. What should my lawyer have done now that I have sold?
After completion of your house sale your conveyancer is duty bound to forward the transfer deeds and all additional paperwork to the buyer’s solicitors. Depending on the transaction, your lawyer should also send confirmation that the home loan has been paid off to the buyers solicitors. There is unlikely to be post completion tasks unique to conveyancing in Morecambe.
It has been five months following my purchase conveyancing in Morecambe completed. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am buying my first flat in Morecambe benefiting from help to buy. The developers would not budge the price so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not reveal to my lawyer about this deal as it will affect my loan with the bank. Should I keep quiet?.
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.
Due to the input of my in-laws I had a survey completed on a house in Morecambe ahead of appointing lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor has said that some banks may refuse to grant a mortgage on a flying freehold property.
It varies from the lender to lender. Lloyds has different requirements from Halifax. Should you wish to call us we can check with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Morecambe. Conveyancing may be slightly more expensive based on your lender's requirements.
My husband and I are disposing of a Morecambe flat left to us some years ago in 2012. I have over a decades worth of conveyancing know-how and, although retired, intend to carry out my own conveyancing. The purchaser's conveyancer has informed me that their bank will not allow us to do our own conveyancing as they require the funds to be released via a solicitor's bank account.
Lending instructions to solicitors from all mainstream lenders specify that If the vendor does not have legal representation the buyer’s lawyers should check whether the bank needs to be told so that a decision can be made as to whether or not they are prepared to proceed.