I am hoping to receive a offer of a home loan from Lloyds. I would like to use a Licensed Conveyancer in Sherston. Does the Lloyds Solicitor panel include Licensed Conveyancers?
The Lloyds conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Would the conveyancing solicitors via your comparison service execute attended exchange conveyancing in Sherston?
There are a few conveyancing specialists carrying out attended exchanges. You should e-mail us to get a conveyancing quote and details as to availability.
We see that you have a post code search directory identifying firms on the Nottingham conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Sherston?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Sherston.
My aunt passed away last year and as sole heir and executor I was left the house in Sherston. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Principality, pay off the mortgage. Is this allowed?
Given you intend to refinance then Principality will require that you use a conveyancer on the Principality conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Principality conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Principality mortgage is registered as a charge at the Land Registry.
Due to the input of my in-laws I had a survey completed on a house in Sherston before retaining solicitors. I have been advised that there is a flying freehold aspect to the property. Our surveyor advised that some banks tend not issue a mortgage on this type of property.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. Should you wish to telephone us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Sherston. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Sherston to see if the conveyancing will be more expensive.