I am buying a property and need a conveyancing solicitor in Cottesmore who is on the Chelsea Building Society solicitor. Could you point me in the right direction as regards a solicitor?

Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Chelsea Building Society in certain locations such as Cottesmore. We dont recommend any particular firm.

Are all Cottesmore Conveyancing Quality Solicitors on the Lloyds conveyancing panel?

Some major banks and building societies now use the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of firms.

It is not clear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Cottesmore bank branch on numerous occasions and was advised it wasn't a problem and they would lend. My Cottesmore conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they would not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?

Your solicitor must follow the CML Handbook section two conditions for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.

Planning on purchasing a apartment in Cottesmore. 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 Santander 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 Cottesmore conveyancer is on the Santander conveyancing panel.

Are there restrictive covenants that are commonly picked up during conveyancing in Cottesmore?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Cottesmore. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I'm purchasing my first flat in Cottesmore benefiting from help to buy. The builders would not budge the price so I negotiated £7000 of additionals instead. The sale representative advised me not inform my solicitor about this side-deal as it would affect my mortgage with the bank. 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.

I'm remortgaging my existing house to a BTL mortgage with Coventry Building Society and I will use the rest of the raised equity towards a second house. The area we are looking at is Cottesmore. Will your lawyers be able to act for the two banks and link together the transactions?

Make use of our search tool on this site to be sure that the lawyers are on the relevant lender panels. Having checked that they are your conveyancer will be able to tie up the two deals but you should talk with you conveyancer and communicate your desired outcome and requirements.