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Find a Coxhoe Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Coxhoe? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Coxhoe conveyancing at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Coxhoe conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Coxhoe

My Coxhoe lawyer has spotted a difference between the information in the home valuation report and what is revealed within the title deeds. My lawyer informs me that he needs to check that the bank is happy with this discrepancy and is still content to lend. Is my lawyer’s stance correct?

Your solicitor must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.

Finally the sale completed on my house in Coxhoe last October yet the purchaser is whats apping every few hours complaining that her conveyancer needs to hear from mysolicitor. What should have happened following completion?

Following your house sale your conveyancer is committed to forward the transfer documentation and all of the paperwork to the buyer’s solicitors. Depending on the transaction, your solicitor must also evidence that the legal charge in favour of the lender has been redeemed to the purchasers lawyers. There is unlikely to be post completion formalities just for conveyancing in Coxhoe.

My uncle advised me that in purchasing a property in Coxhoe there could be various restrictions prohibiting external alterations to a property. Is this right?

We are aware of anumerous of properties in Coxhoe which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in Coxhoe should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.

I am the sole recipient of my late mum's estate with all property in now in my sole name, including the house in Coxhoe. Conveyancing formalities meant that the Land Registry date was in May. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', which means that my property ownership may be regarded the same way as if I'd bought the house in May. Will no one buy the property for half a year?

The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. Some lenders would take a pragmatic view as this clause chiefly exists to identify subsales or the quick reselling of property.

I recently had an offer agreed on an apartment in Coxhoe. My mortgage broker suggested a solicitor. I paid an advanced payment of £150. A few days later, the property lawyer called me to say that they were not on the Nationwide conveyancing panel. Am I right in thinking that I should be due a refund?

You should be able to recover this from the law firm if they were not on the Nationwide panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.

I am buying my first flat in Coxhoe with the aid of help to buy. The sellers would not reduce the price so I negotiated £7000 of extras instead. The sale representative told me not inform my lawyer about this deal as it may adversely affect my loan with the bank. Should I keep quiet?.

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.

Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a simple, chain free conveyancing. Coxhoe is where the house is located. What do you suggest?

Flying freeholds in Coxhoe are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Coxhoe you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Coxhoe may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.

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Find out more about how flying freehold can affect your the value of a property.