My financial adviser says he needs my Deganwy law firm’s panel member for the Santander conveyancing panel. How do I find this out. I have tried my local Deganwy branch but they have not got back to me yet.
The sensible thing to do is ask for this information from your Deganwy solicitor . They maintain a central record lender panel numbers.
I purchased a freehold premises in Deganwy yet charged rent, why is this and what is this?
It is rare for properties in Deganwy and has limited impact for conveyancing in Deganwy but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the establishment of new rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
I am buying a new build house in Deganwy with the aid of help to buy. The sellers refused to move on the price so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not disclose to my lawyer about this deal as it would adversely affect my mortgage with HSBC Bank. Is this normal?.
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.
Due to the encouragement of my in-laws I had a survey completed on a property in Deganwy prior to instructing conveyancers. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies tend not give a loan on such a home.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. If you e-mail us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Deganwy. Conveyancing will be smoother if you use a solicitor in Deganwy especially if they are familiar with such properties in Deganwy.
I am selling my property. My previous solicitors closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in Deganwy if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Deganwy. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.