Can the conveyancing lawyers listed on your site perform conveyancing in Caddington by way of an attended exchange?
There are a few conveyancing experts who can conduct 24hr exchanges. Please contact us to get a costs illustration and details as to availability.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Caddington. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 16/7/2019, the requirements read as follows :
I am the single beneficiary of my late father’s will and I have everything in my name alone, including the house in Caddington. The Caddington property was put into my name in June. I plan to dispose of the property. I do know about the Mortgage Lenders six month 'rule', meaning my property ownership will be regarded the same way as though I had purchased the house in June. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ 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 caught by that. Most lenders would take a sensible view as this requirement is principally there to identify subsales or the quick reselling of property.
The formalities of my remortgage has taken place for my property in Caddington. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I was told three weeks ago that my mortgage has been agreed to by Virgin Money. Is it usual for Virgin Money to only issue the offer once my solicitor in Caddington is approved on their conveyancing panel? Virgin Money have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Virgin Money to deal with your lawyer's application to be on the Virgin Money conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have todaydiscovered that Stirling Law have closed. They carried out my conveyancing in Caddington for a purchase of a leasehold flat 9 months ago. How can I be sure that the property is in my name in the name of the former proprietor?
The easiest way to check if the property is in your name, 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 Caddington conveyancing specialists.
I am hoping to complete next month on a studio apartment in Caddington. Conveyancing lawyers inform me that they are sending me a report next week. What should I be looking out for?
Your report on title for your leasehold conveyancing in Caddington should include some of the following:
The physical extent of the property. This might be the property itself but might incorporate a loft or storage are if applicable. The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. You must be told what constitutes a Nuisance in the lease Rent payments - what is due and what the invoice dates are, and also know whether this will change in the future Whether the lease restricts you from letting out the flat, or working from home
Leasehold Conveyancing in Caddington - A selection of Queries Prior to Purchasing
What restrictions are there in the Caddington Lease? Who are the managing agents? How is the lease structured?