I am hoping to receive a mortgage with Halifax. I hope to enlist the help of a Licensed Conveyancer in Cottenham. Does the Halifax Solicitor panel allow for Licensed Conveyancers?

The Halifax conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.

We see that you have a post code search directory identifying solicitors on the Principality conveyancing panel. Do companies pay you a commission if I appoint them for our own conveyancing in Cottenham?

We are a listing service only for law firms wishing to communicate if they are on the Principality conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Cottenham.

What is the difference between a licensed conveyancer and conveyancing solicitor in Cottenham

There are many registered licenced Conveyancers in Cottenham and Solicitor firms in Cottenham offering conveyancing It is important to make clear that the two are regulated professionals specialising in the legal aspects of transferring property. Both can deal with other property legal work such as remortgage conveyancing, lease extensions and transfer of equity conveyancing.

Have just purchased a repossessed house at auction in Cottenham. Conveyancing is needed. What are my next steps?

Given that you are now for all intents and purposes signed on the dotted line you now have to instruct a conveyancing solicitor quickly as you are facing a pending a drop dead date to complete the conveyancing. All auction property will have a bespoke auction pack. This will likely include most,if not all of the paperwork that your conveyancer will need. Where you are dealing with leasehold premises the legal papers may contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation specific to leasehold premises. You must hand this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that you have funds in order to complete on the date specified in the contract.

Is it the case that all Cottenham conveyancing solicitors on the Coventry BS conveyancing panel are regulated by the SRA?

As solicitors, in order to be on the Coventry BS conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel and in such a situation the firms would be regulated by the CLC.

Various web forums that I have visited warn that are a common cause of obstruction in Cottenham house deals. Is there any truth in this?

The Council of Property Search Organisations (CoPSO) has noted the conclusions of research by MoveWithUs that conveyancing searches do not feature within the most frequent causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any delay in conveyancing in Cottenham.

I am purchasing a new build house in Cottenham with a mortgage from Britannia. The sellers refused to move on the amount so I negotiated five thousand pounds worth of extras instead. The property agent suggested that I not inform my solicitor about this extras as it will impact my loan with the lender. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer 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.