Is it correct that all Christchurch CQS (Conveyancing Quality Scheme) solicitors are on the Coventry BS conveyancing panel?
A selection of lenders now utilise the accreditation scheme as the starting point for Panel approval such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.
I had a mortgage agreed in principle with TSB. Christchurch conveyancing solicitors have been instructed. What is the average time that one could expect to receive a mortgage offer from TSB?
Some lenders take longer than others. Have TSB conducted the survey? Have you advised TSB as to your lawyers' details and checked that your lawyers are on the TSB conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Planning on purchasing a house in Christchurch. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Bank of Ireland conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Christchurch conveyancing practitioner is on the Bank of Ireland conveyancing panel.
2 months have gone by since my purchase conveyancing in Christchurch concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I decided to have a survey completed on a house in Christchurch before retaining lawyers. I have been informed that there is a flying freehold overhang to the property. My surveyor advised that some mortgage companies will refuse to issue a loan on a flying freehold house.
It varies from the lender to lender. Lloyds has different instructions from Birmingham Midshires. If you call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Christchurch. Conveyancing will be smoother if you use a solicitor in Christchurch especially if they are acquainted with such properties in Christchurch.
I am using a search engine for the words conveyancing in Christchurch it brings up many property lawyersin the vicinity. With so much choice what is the best way to find the right property lawyer for my move?
The preferential method of choosing the right conveyancer is through a trusted recommendation, so ask colleagues and those you trust who have bought a property in Christchurch or the local estate agent or mortgage broker. Costs for conveyancing in Christchurch differ, so it's a good idea to request a minimum of three fee calculations from different companies. Be sure to secure confirmation that the charges are guaranteed not to to be inflated.
I am purchasing a maisonette mortgage free. My conveyancer has been given with 2 separate evidence of photo ID, bank statement, multiple utility bills. Now he wants a copy from a probate lawyer acknowledging that the funds are legitimate and that it has come from inheritance and not via illegitimate means.
In today’s world you will not be able to complete any Christchurch conveyancing transaction without first providing evidence of your identity to your lawyers. This usually takes the form of a either your passport or driving licence and a utility bill. Remember if you are providing your driving licence as evidence of ID it must be both the paper part and photo card part, one is not acceptable without the other. Evidence of your source of funds is required under Money Laundering laws.