Can you point me to a directory of TSB panel conveyancers in Old Coulsdon on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association websites. A small selection of banks make their panel listings open the public online. If you are seeking to appoint a Old Coulsdon conveyancing practitioner on the TSB please use our tool.
Can I be sure that the Old Coulsdon conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in Old Coulsdon getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer conducting your transaction.
After what seems like an age I have had an offer on an apartment in Old Coulsdon agreed to, the sellers do nevertheless have an associated purchase. The owners have placed an offer on a property, but it’s not yet tied up, and are looking at other apartments in the pipeline. I have instructed a nearby conveyancing solicitor in Old Coulsdon. What do I do now? At what stage do I apply for the mortgage with TSB?
It is normal to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of £1k, then survey, Old Coulsdon conveyancing search costs, etc). First, you must check that your solicitor is on the TSB conveyancing panel. Concerning the next stages this very much dictated by the circumstances of your transaction, attraction to the property and on the state of the market. In a buoyant market many purchasers will apply for the mortgage with TSB and pay for the valuation and only if it comes back ok would they ask their conveyancer to move forward with searches.
The deeds to my house can not be found. The lawyers who conducted the conveyancing in Old Coulsdon 5 years ago no longer exist. Will I be able to sell the house?
Assuming the title is registered the details of your proprietorship will be recorded by HMLR with a Title Number. It is easy to execute a search at the Land Registry, locate your property and order up to date copies of the Registered Entries for a small fee. If the title is Leasehold then the Land Registry will usually hold a file copy of the Registered Lease and again, a copy can be retrieved for a small fee.
I am purchasing my first flat in Old Coulsdon with a loan from Barnsley Building Society. The sellers would not move on the amount so I negotiated 6k of additionals instead. The sale representative suggested that I not inform my solicitor about the deal as it may jeopardize my loan with Barnsley Building Society. 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 opted to have a survey carried out on a property in Old Coulsdon prior to retaining lawyers. I have been informed that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies will not issue a loan on such a property.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Old Coulsdon. Conveyancing will be smoother if you use a solicitor in Old Coulsdon especially if they are acquainted with such properties in Old Coulsdon.
My husband and I are selling a Old Coulsdon bungalow we inherited 8 years ago in 2012. I have over a decades worth of conveyancing know-how and, although retired, wish to undertake my own legal work. The purchaser's conveyancer has informed me that their building society will not allow us to do our own conveyancing insisting the funds to be passed via a solicitor's bank account.
Mortgage requirements to property lawyers from all CML members state that If the seller is not legally represented the purchaser’s lawyers should check whether the lender needs to be told so that a decision can be made as to whether they are prepared to proceed.