What is the best way to find out if the solicitor handling my conveyancing in Somersham is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Yorkshire Building Society thus spending £187.00 plus VAT in another set of legal fees.
Please do take advantage of the find a lender approved solicitor tool on this web page. Please choose the lender and type ‘Somersham’ or your preferred area and you will discover numerous conveyancers offices in Somersham or nearest you.
My wife and I purchased a 4 bedroom Edwardian house in Somersham. Conveyancing practitioner represented me and Virgin Money. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold with the exact same property. I thought I was buying a freehold how can I check?
You need to read the Freehold register you have again and check the Charges Register as there may be 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 Somersham and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with the conveyancing practitioner who conducted the work.
I am buying a new build house in Somersham with a mortgage from Halifax. The sellers would not move on the price so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not to tell my conveyancer about this side-deal as it could put at risk my loan with Halifax. 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.
Are there any apps to help search for a Somersham law firm on the Alliance & Leicester conveyancing panel? I have a car and am happy to travel upto 25kilometers to meet the conveyancer.
Feel free to make use of the search on this website. Please pick a mortgage company and your location and you will see a number of Somersham conveyancing lawyers located nearest you. We have detailed some Somersham conveyancing firms towards the end of this page and you can telephone them to check if they are on the Alliance & Leicester approved list
My father-in-law has encouraged me to instruct his lawyers for conveyancing in Somersham. Do I take his recommendation?
There are no two ways about it it’s preferable to choose a conveyancing solicitor is to seek recommendations from friends or relatives who have experience in using the conveyancer that you are are thinking of instructing.
We are midway through buying a residence in Somersham. Conveyancing solicitor has called to say the property is "Leasehold". Will this likely make a difference on our Santander valuation?
Somersham conveyancing does not in most situations involve leasehold houses. The key factor here is the length of lease and the ground rent. If there are hundred of years years remaining with a peppercorn rent, it's almost the same as freehold, so it shouldn't impact the value too much.
On the flip side, if it's, say, 50 years it will have a material impact on the value, and probably wouldn't be mortgageable. The remaining lease term and ground rent will be stated in the lease which should be made available to your solicitor.