My lender has suggested solicitors on their panel based in Shepshed but I would rather instruct a conveyancing lawyer in Shepshed local to me. Can you help?
Not all Shepshed conveyancing practitioners are on all lender’s conveyancing panel. Do make use of our search tool to choose a Shepshed conveyancing solicitor on the on the mortgage company panel.
I happen to be the sole beneficiary of my late father’s estate with all property in now in my sole name, including the house in Shepshed. Conveyancing formalities meant that the Land Registry date was in January. I want to move. I understand that there is a CML six month 'rule', meaning my property ownership may be considered the same way as if I'd bought the house in January. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be impacted by that. How practical a view banks take of it, depend on the lender as this provision principally exists to capture subsales or the quick reselling of property.
Is it the case that all Shepshed CQS (Conveyancing Quality Scheme) solicitors are on the Leeds Building Society conveyancing list of approved solicitors?
Some major banks and building societies now make use of the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their panels.
Can I be sure that the Shepshed conveyancing solicitor on the Leeds Building Society panel is any good?
When it comes to conveyancing in Shepshed seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor conducting your conveyancing.
Various web forums that I have frequented warn that are the number one cause of hinderance in Shepshed house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published findings of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of hindrances in the conveyancing process. Local searches are not likely to be the root cause of slowing down conveyancing in Shepshed.
Despite weeks of looking the Title Certificate and documents to our home are lost. The lawyers who did the conveyancing in Shepshed 4 years ago have long since closed. What do I do?
Nowadays there are copies made of almost everything, and your solicitor should be aware precisely where to locate all the relevant documentation so you can purchase or dispose of your house without a hitch. If copies are not available, your lawyer may be able to put in place insurance or indemnities against future claims on the premises.
How does conveyancing in Shepshed differ for newly converted properties?
Most buyers of new build property in Shepshed approach us having been asked by the seller to sign contracts and commit to the purchase even before the premises is completed. This is because developers in Shepshed usually acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Shepshed or who has acted in the same development.
I'm converting the mortgage on my existing home to a BTL loan with Accord Mortgages Ltd and intend to use the remaining equity towards another house. The area we are looking at is Shepshed. Will your conveyancers be able to act for both sets of banks and link together the two deals?
Make use of our comparison tool on this page to ensure that the solicitors are on the appropriate lender panels. Assuming that they are your lawyer will be able to connect the two transactions but you should talk with you solicitor and make clear your expectations and requirements.