What is the first thing I need to know regarding purchase conveyancing in Lincolnshire?
You may not hear this from too many lawyers but conveyancing in Lincolnshire and elsewhere in England and Wales is often a confrontational process. Put another way, when it comes to conveyancing there exists plenty of room for conflict between you and others involved in the transaction. E.g., the seller, property agent and on occasion the bank. Choosing a lawyer for your conveyancing in Lincolnshire an important selection as your conveyancer is your adviser, and is the SOLE person in the process whose role it is to act in your best interests and to protect you.
Sometimes a potential adversary will try and sway you that it is in your interests to do things their way. For example, the estate agent may claim to be assisting by claiming that your solicitor is wrong. Or your financial adviser may advise you to do take action that is against your solicitors guidance. You should always trust your lawyer above all other parties in the conveyancing process.
My lawyer in Lincolnshire is not listed on the Nationwide Building Society Conveyancing Panel. Can I still continue with my prefered solicitor even though they are not on the Nationwide Building Society approved list?
Your options are as follows:
- Complete the purchase with your preferred Lincolnshire lawyers but Nationwide Building Society will need to use a conveyancer on their panel. This will inevitably rack up the overall conveyancing fees and result in frustration.
- Choose a new practitioner to to deal with the purchase, not forgetting to check they are Convince your solicitor to do everything within their powers to join the Nationwide Building Society conveyancing panel
My wife and I own a terraced Edwardian house in Lincolnshire. Conveyancing solicitor acted for me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold under the matching address. I thought I was buying a freehold how can I check?
You should assess 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 Lincolnshire 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 enquire as to the situation with your conveyancing practitioner who conducted the purchase.
I'm purchasing my first flat in Lincolnshire with the aid of help to buy. The developers refused to reduce the price so I negotiated 6k of additionals instead. The estate agent told me not reveal to my lawyer about this extras as it will impact my loan with the bank. Do I keep my lawyer in the dark?.
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.
How difficult is it to transfer to a new conveyancer as I need to select one who is on the Bank of Scotland conveyancing panel. I was using a family conveyancing solicitor in Lincolnshire five minutes from me but she is not accepted by Bank of Scotland
It would be our pleasure to assist you find a conveyancing solicitor in Lincolnshire on the Bank of Scotland panel. Please note that the solicitors that we list do not pay us fee if you instruct them and are registered with the SRA who oversee all conveyancing solicitors in Lincolnshire. Using the find a conveyancing solicitor tool on this page, you can contrast fees for conveyancing solicitors in Lincolnshire and beyond.