Do the conveyancing practitioners Indexed on your site handle auction conveyancing in Stotfold?
We know of a number of niche practitioners we can put you in touch with those conducting auction conveyancing. Stotfold is just one of hundreds of areas of where our lawyers have offices.
My wife and I have recently appointed a conveyancing solicitor in Stotfold. I I would like to check whether they are on the Leeds Building Society approved list of lawyers. Could you help?
You should call the conveyancer and ask them whether they can act for the lender. Otherwise please call Leeds Building Society who may be able to assist.
I'm the single beneficiary of my late mum's will with all property in now in my sole name, including the my former home in Stotfold. The Stotfold property was put into my name in September. I want to move. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my property ownership will be considered the same way as if I'd bought the house in September. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook mandates solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be affected by that. many banks would take a pragmatic view as this requirement chiefly exists to capture subsales or the flipping of properties.
Is there a list of Skipton panel solicitors in Stotfold on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the CML or Building Society Association sites. Very few banks make their panel listings available on the web. If you are in need of a Stotfold lawyer on the Skipton please use our tool.
I have paid off my mortgage with Skipton. I assume I don't need a Stotfold property lawyer on the Skipton panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Skipton mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Skipton mortgage from the register. Skipton, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Skipton has sent the Land Registry the discharge electronically, and
- Skipton has instructed the Land Registry to do so
The deeds to our home can not be found. The solicitors who did the conveyancing in Stotfold 5 years ago no longer exist. Will I be able to sell the house?
Gone are the days when you need to have the physical official documentation to prove you are the owner of your registered land or premises, given that the Land Registry hold details of all registered land or property electronically.
I'm purchasing a new build house in Stotfold with the aid of help to buy. The developers refused to budge the price so I negotiated 6k of extras instead. The property agent advised me not inform my lawyer about this deal as it would adversely affect my mortgage with Bank of Scotland. 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.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a simple, no chain conveyancing. Stotfold is the location of the property. Can you offer any assistance?
Flying freeholds in Stotfold are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Stotfold you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stotfold may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.