I am purchasing a maisonette in Corfe Castle. My Solicitor is not listed on the lender solicitor list. Am I still permitted to appoint my Corfe Castle conveyancing solicitor even though they are excluded from the lender panel?
You will need to use a conveyancer to complete the formalities when you require a mortgage to purchase your property. The conveyancer will conduct all the appropriate investigations 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 could select a Corfe Castle conveyancer of your choice. However, where the solicitor selected is not on the mortgage company approved list supplemental fees will arise as separate legal representation will be need by the bank. Bank panel applications may be submitted, so where your solicitor has not in the past sought membership they should do so.
Is there a reason why leasehold purchase conveyancing in Corfe Castle is more expensive?
Corfe Castle leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
I understand that there are debates on Chancel Insurance on online forums. Do I need this when acquiring a residence in Corfe Castle? or I am told that there is a law dating back centuries that means some owners of property living in a parish church boundary will be compelled to contribute towards repairs towards the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Corfe Castle?
Unless a previous purchase of the property took place after 12 October 2013 you could assume that conveyancing practitioners handling conveyancing in Corfe Castle to remain recommending a chancel search and or insurance against a claim.
Despite weeks of looking the Title Certificate and documents to our property are lost. The solicitors who did the conveyancing in Corfe Castle 10 years ago no longer exist. What are my options?
You no longer need to hold title deeds to evidence that you are the owner of your registered land or premises, as the Land Registry have everything they need in a digital format.
I am buying a new build house in Corfe Castle with a loan from Godiva Mortgages Ltd. The sellers would not move on the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not reveal to my conveyancer about this side-deal as it could jeopardize my mortgage with Godiva Mortgages Ltd. Do I keep my lawyer in the dark?.
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.