My wife and I are acquiring a brand new apartment in Strood and my lawyer is advising me that she has to the mortgage company to disclose incentives from the builder. I am nearing the developer’s deadline to sign contracts and my preference is not to delay the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
How up to date is your search tool for Strood conveyancing solicitors on the Co-operative conveyancing panel? Do Co-operative send you an updated list?
Strood conveyancing firms themselves provide us confirmation that they are on the Co-operative conveyancing panel as opposed to being supplied with a list from Co-operative directly.
We hope to to buy with Melton Mowbray Building Society. I visited a few high street solicitors yet am struggling to find a Strood conveyancing firm on the Melton Mowbray Building Society panel. Can you assist?
Feel free to make use of the search tool on this site. Please choose the building society and type Strood or your location and you will discover numerous conveyancers located in Strood or near you.
My wife and I have a renovated Edwardian property in Strood. Conveyancing lawyer represented me and Platform Home Loans Ltd. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, the second leasehold under the matching address. Is it worth asking Platform Home Loans Ltd to clarify?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Strood and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing practitioner who conducted the conveyancing.
How straightforward is it to use the search facility to get a fee calculation from a conveyancing solicitor in Strood on the panel for my lender?
First choose a lender such as Halifax, Barnsley Building Society or Bank of Ireland then choose your location for instance Strood. Conveyancing firms in Strood and nationally will then be listed.