My IFA has requested my New Southgate solicitor’s panel member for the Lloyds conveyancing panel. How do I find this out. I have e-mailed my local New Southgate branch but they have not got back to me yet.
The sensible thing to do is ask for this information from your New Southgate conveyancer . They maintain a central record lender panel numbers.
What is the best way to investigate if the solicitor handling my conveyancing in New Southgate is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Clydesdale thus spending £187.00 plus VAT in additional conveyancing bill.
Please do make use of the find a conveyancing panel solicitor tool on this site. Please choose the mortgage company and type ‘New Southgate’ or your location and you will discover a number of lawyer located in New Southgate or nearest you.
I purchased a 4 bedroom Georgian property in New Southgate. Conveyancing solicitor acted for me and Halifax. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold with the exact same address. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in New Southgate and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with your conveyancing practitioner who conducted the work.
I am buying a new build house in New Southgate benefiting from help to buy. The sellers would not budge the amount so I negotiated 6k of additionals instead. The sale representative told me not to tell my lawyer about this deal as it would affect my loan with the lender. Should I keep quiet?.
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.
I opted to have a survey carried out on a house in New Southgate prior to appointing lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some mortgage companies may not issue a mortgage on such a premises.
It varies from the lender to lender. Lloyds has different instructions from Halifax. If you e-mail us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in New Southgate. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in New Southgate to see if the conveyancing costs will increase in light of this.
My wife and I are looking at buying our first property in New Southgate. Is it possible for you to refer me to a trustworthy New Southgate conveyancing practitioner that can represent us as well as act for Nottingham?
LenderPanel.com is restricted to being a directory service for property lawyers who wish to be listed as being on the approved conveyancing panel for Nottingham in certain areas for instance New Southgate . Our intention is not to recommend any specific conveyancing practitioner.