We are buying our first house. The property lawyer has calledto check if we want to take out extra conveyancing searches. We are really unsure what's necessary for conveyancing in Anerley
The scope of Anerley conveyancing searches should be dictated primarily on the property, the location, the likelihood of any of these risks, your familiarity of the region and risks, your overall appetite to risk. What matters is that you adequately understand what information each search could give you. You may then decide if you personally think you need that information. If in doubt, ask the solicitor to offer guidance.
We are due to move house in February. Does my conveyancing solicitor communicate with the removal company on the day of completion. On a separate note, can you recommend a removal company in Anerley. Conveyancing solicitor was organised prior to coming across this website.
On the day of completion you can pick up the house keys from your property agent however this can only be done when the sellers solicitors advise the agent that they acknowledge receipt of the completion payment and the keys can be released. You will need to inform the removal men that they can start moving you in. As a matter of policy we do not suggest a specific removal company but can help you choose a residential property solicitor in Anerley or a legal practice with expertise in conveyancing in Anerley.
I have today made my last payment due on my mortgage with Coventry BS. I assume I don't need a Anerley property lawyer on the Coventry BS panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
I can not fathom if my bank requires a lease extension. I have called into my local Anerley bank branch on a couple of occasions and was told it wasn't a problem and they would lend. My Anerley conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they refuse to lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.
The property lawyer has to comply with the Council of Mortgage Lenders’ Handbook Part 2 requirements for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I'm buying a new build house in Anerley with the aid of help to buy. The builders refused to reduce the price so I negotiated £7000 of additionals instead. The property agent told me not inform my lawyer about the side-deal as it will put at risk my mortgage with Skipton 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'm converting the mortgage on my current house to a buy to let mortgage with Alliance & Leicester and I will use the ballance of the raised equity towards another house. The location we are talking about is Anerley. Will your lawyers be able to act for both sets of lenders and tie in the conveyances?
Make use of our search tool on this site to ensure that the lawyers are on the relevant lender panels. Having checked that they are the solicitor should be able to simultaneously deal with the two conveyancing matters but you should have a chat with you lawyer and specify your expectations and needs.
I have checked your search tool I can't find the lawyer I was hoping to instruct as being on the mortgage company conveyancing panel. My lawyer has said that they are on the mortgage company approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the mortgage company solicitor panel.