We note that you have a search directory identifying firms on the Leeds Building Society conveyancing panel. Do companies pay you a commission if I appoint them for our conveyancing in Swadlincote?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Swadlincote.
Our lender has recommended a law firm on their panel based in Swadlincote but I would rather choose a conveyancing lawyer in Swadlincote local to me. Can you assist?
Far from all Swadlincote conveyancing solicitors are on all lender’s conveyancing panel. Use the above find an approved solicitor tool to locate a Swadlincote conveyancing solicitor on the on the mortgage company panel.
My wife and I own a semi-detached Victorian property in Swadlincote. Conveyancing practitioner acted for me and TSB. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to 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 Swadlincote and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing practitioner who conducted the purchase.
I am buying my first flat in Swadlincote with a loan from National Westminster Bank. The builders refused to budge the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep advised me not to tell my conveyancer about this side-deal as it would impact my loan with the lender. Is this normal?.
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've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a simple, chain free conveyancing. Swadlincote is the location of the property. Can you shed any light on this issue?
Flying freeholds in Swadlincote are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Swadlincote you must be sure that your lawyer goes through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Swadlincote may ascertain 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 premises.
Is it best to appoint a Swadlincote conveyancing practitioner in close proximity to the house I am purchasing? We have a good friend who can deal with the conveyancing but they are based over three hundred kilometers away.
The primary upside of using a high street Swadlincote conveyancing firm is that you can visit the firm to sign paperwork, deliver your ID and apply pressure on them where appropriate. Having local Swadlincote know how is a plus. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and the majority were impressed that should surpass using an unknown Swadlincote conveyancing solicitor just because they are Swadlincote based.