I am expecting a mortgage offer from Santander. My intention is to enlist the help of a Licensed Conveyancer in Delabole. Does the Santander Solicitor panel allow for conveyancers regulated by the CLC?
The Santander conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
My wife and I are buying a property in Delabole. It might be a silly question but how we can trust a solicitor? At some point we will need to send funds into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
A friend informed me that in purchasing a property in Delabole there may be a number of restrictions prohibiting external changes to the property. Is this right?
We are aware of a number of properties in Delabole which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Delabole should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I'm spending time viewing houses in Delabole and I am about to put in an offer. Should I already have a conveyancing practitioner in place at this stage? I intend to finance via a home loan with Santander.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the EA. As you are seeking a mortgage with Santander, ask your prospective lawyers if they are on the Santander conveyancing panel otherwise they can't do the mortgage legal work.
Due to the encouragement of my in-laws I had a survey completed on a property in Delabole before appointing lawyers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some lenders tend refuse to grant a mortgage on a flying freehold house.
It varies from the lender to lender. HSBC has different instructions from Nationwide. Should you wish to call us we can check via 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 Delabole. Conveyancing may be slightly more expensive based on your lender's requirements.
How do I use your search tool to find a conveyancing practitioner in Delabole on the panel for my mortgage?
Step one is to pick a lender such as Lloyds TSB Bank, Coventry Building Society or Alliance & Leicester then choose your location e.g. Delabole. Conveyancing practices in Delabole and nationally should be identified.
Why do Delabole conveyancing charges are higher for leasehold and freehold properties?
Inevitably there is increased work involved for leasehold conveyancing. Delabole has many leasehold properties. There is more hours involved in the purchase: for example, the lease and leasehold information (including current service charge, ground rent and buildings insurance details) obtained from the freeholder or managing agents. There are strict criteria that the lease must meet in order to be acceptable to a mortgage company. If it does not meet these requirements, the lease must be amended, which can involve additional expense for the seller.