I plan on acquiring property in Ettington. My lawyer is not on the lender approved list. Am I still permitted to appoint my Ettington conveyancing solicitor even though they are not on the lender approved list?

You will need to use a lawyer to deal with the formalities if you need a mortgage to purchase your property. They will conduct all the appropriate legal checks on the property, make sure that you’re registered as proprietor and ensure that all the required mortgage paperwork is dealt with. You could select a Ettington lawyer of your choice. However, where the lawyer appointed is not a member of the mortgage company approved list supplemental fees will be levied as separate legal representation will be required by them. Lender panel applications can be submitted, so if your lawyer has not in the past sought membership they should take the chance to apply.

I have justdiscovered that Action Conveyancing have been shut down. They conducted my conveyancing in Ettington for a purchase of a freehold house 9 months ago. How can I establish that my home is not still registered in the name of the previous owner?

The quickest method to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Ettington conveyancing specialists.

I am buying my first flat in Ettington with a loan from Bank of Scotland. The developers refused to budge the price so I negotiated 6k of extras instead. The estate agent advised me not inform my solicitor about this extras as it may impact my loan with Bank of Scotland. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer 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 have been on the look out for a flat up to £235,500 and identified one near me in Ettington I like with amenity areas and transport links in the vicinity, the downside is that it's only got 61 years on the lease. I can't really find anything else in Ettington suitable, so just wondered if I would be making a grave error purchasing a short lease?

If you need a home loan the shortness of the lease may be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor regarding this.

I am using a search engine for the phrase conveyancing in Ettington it shows results of many property lawyerslocally. How do I determine which is the right solicitor for purchase transaction?

The ideal method of seeking a suitable conveyancer is through a personal recommendation, so enquire of friends and relatives who have purchased a property in Ettington or a reputable estate agent or financial adviser. Fees for conveyancing in Ettington vary, so it's a good idea to request a minimum of three estimates from varying types of conveyancers. Make sure that you know that the costs are assured not to escalate.