I am hoping to receive a mortgage with Halifax. I would like to retain the legal services of a Licensed Conveyancer in Woodford. Does the Halifax Solicitor panel include Licensed Conveyancers?
The Halifax approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I am the only beneficiary of my late grandmother’s will and I have everything in my name alone, including the house in Woodford. Conveyancing formalities meant that the Land Registry date was in June. I want to move. I do know about the CML six month 'rule', meaning my property ownership may be regarded the same way as if I'd bought the house in June. Is the property unsalable for six months?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be impacted by that. many lenders would take a pragmatic view as this obligation chiefly exists to pick up on the purchase and immediately sell or the flipping of property.
I have paid off my mortgage with Virgin Money. I assume I don't need a Woodford property lawyer on the Virgin Money panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Virgin Money 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 Virgin Money mortgage from the register. Virgin Money, 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 Virgin Money has sent the Land Registry the discharge electronically, and
- Virgin Money has instructed the Land Registry to do so
About to purchase flat in Woodford. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Virgin Money conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Woodford conveyancer is on the Virgin Money conveyancing panel.
My relative suggested that where I am purchasing in Woodford I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard Woodford conveyancing searches. It is a large report of about 40 pages, listing and setting out important information about Woodford around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information regarding Woodford.
I am purchasing my first flat in Woodford benefiting from help to buy. The developers refused to budge the price so I negotiated £7000 of extras instead. The estate agent advised me not to tell my lawyer about this deal as it could impact my mortgage with the lender. Do I keep my lawyer in the dark?.
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 Woodford law firm on the Santander conveyancing panel? I have wheels and am prepared to travel upto 10miles to meet the solicitor.
Feel free to make use of the tool on this website. Please pick a bank and your location and you will see a number of Woodford conveyancing lawyers located nearest you. We have detailed some Woodford conveyancing firms at the bottom of this page and you can telephone them to see if they are on the Santander panel
I am using a search engine for the phrase conveyancing in Woodford it reveals many property lawyersin the vicinity. With so much choice what is the best way to find the suitable conveyancing solicitor for my move?
The best way of choosing a suitable conveyancer is through a personal testimonial, so seek the counsel of colleagues and relatives who have purchased a property in Woodford or a respected estate agent or mortgage broker. Charges for conveyancing in Woodford vary, so it's sensible to secure a minimum of four costs illustrations from varying types of conveyancers. Dont forget to clarify what costs in the quote includes.