I plan on purchasing a leasehold flat in South Petherton and Lambrook. My lawyer has never been on on the lender solicitor panel. Is it possible for me to use my South Petherton and Lambrook conveyancing solicitor even though they are excluded from the lender panel of approved conveyancing solicitors?
You will need to use a conveyancing practitioner to complete the legal work required if you need a mortgage to buy your home. The lawyer will carry out all the essential due diligence on the property, make sure that you will be properly registered as the owner and ensure that all the necessary mortgage paperwork is dealt with. You can instruct a South Petherton and Lambrook lawyer of your choosing. However, if the property lawyer appointed is not on the lender solicitor panel further costs will be incurred as separate legal representation will be need by the bank. Conveyancing panel applications may be submitted, so if your solicitor has not previously sought membership they should take the opportunity to apply.
Having sold my house in South Petherton and Lambrook last August yet the purchaser is e-mailing daily complaining that her solicitor needs to hear from mine. What should have happened now that I have sold?
Following your house sale your solicitor should send the transfer documentation and all supplemental paperwork to the purchaser's solicitors. If applicable, your solicitor should also confirm that the mortgage has been paid off to the buyers conveyancers. There are no post completion steps peculiar conveyancing in South Petherton and Lambrook.
I have been referred to a conveyancing solicitor in South Petherton and Lambrook. I I am struggling to find out whether they are on the The Royal Bank of Scotland conveyancing panel. Could you assist?
The first thing to do is e-mail the lawyer and ask them if they can act for the bank. Alternatively you should get in touch with The Royal Bank of Scotland who may be able to assist.
I'm the single beneficiary of my late mum's estate with all property in now in my sole name, including the house in South Petherton and Lambrook. Conveyancing formalities meant that the Land Registry date was in March. I want to move. I do know about the CML six month 'rule', which means that my property ownership could be regarded the same way as if I'd bought the house in March. Is the property unsalable for six months?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. How practical a view lenders take of it, depend on the mortgage company as this obligation is chiefly there to capture the purchase and immediately sell or the flipping of property.
Does a directory service exist listing HSBC panel conveyancers in South Petherton and Lambrook on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the CML or Building Society Association sites. Very few banks make their panel listings viewable online. Where you are looking for a South Petherton and Lambrook conveyancer on the HSBC please make the most of our facility.
We are getting the release of further monies on our mortgage from Santander as we want to conduct improvements to our property in South Petherton and Lambrook. Do we need to select a local South Petherton and Lambrook solicitor on the Santander conveyancing panel to handle the paperwork?
Santander would not normally require a member of their approved list of lawyers to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Santander panel.
Due to the encouragement of my in-laws I had a survey completed on a house in South Petherton and Lambrook prior to retaining solicitors. I have been advised that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies may refuse to give a mortgage on a flying freehold property.
It varies from the lender to lender. Lloyds has different requirements for example to Nationwide. If you e-mail us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in South Petherton and Lambrook. Conveyancing will be smoother if you use a solicitor in South Petherton and Lambrook especially if they are familiar with such properties in South Petherton and Lambrook.