I am getting a mortgage with Lloyds. I hope to instruct a Licensed Conveyancer in Farnham Royal. Does the Lloyds Conveyancing panel include conveyancers regulated by the CLC?
The Lloyds approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
My grandfather passed away last year and as sole heir and executor I was left the property in Farnham Royal. The house had a relatively small loan left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Leeds Building Society, pay off the mortgage. Is this allowed?
Where you intend to refinance then Leeds Building Society will insist on your using a conveyancer on the Leeds Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Leeds Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Leeds Building Society mortgage is registered as a charge at the Land Registry.
I happen to be the sole recipient of my late grandmother’s will with all property in now in my sole name, including the my former home in Farnham Royal. The Farnham Royal property was put into my name in July. I want to move. I understand that there is a CML six month 'rule', which means that my property ownership may be considered the same way as if I'd bought the house in July. Do I have to wait 6 months to sell?
The CML handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. Most banks would take a practical view as this obligation is principally there to capture the purchase and immediately sell or the wholesaling and assigning of properties.
We had selected conveyancing lawyers with offices in Farnham Royal on the Principality solicitor approved list. They have just billed me a further sum for the legal aspects of the Principality mortgage. Is this a supplemental conveyancing fee set by Principality?
Unfortunately, as long as it is in their Terms and Conditions or estimate then yes your solicitor may levy a fee for this. The fee is not set by Principality but by your Farnham Royal lawyer. Numerous firms on the Principality panel will charge ’dealing with mortgage’ fee and others do not.
Planning on purchasing a maisonette in Farnham Royal. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Kent Reliance conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Farnham Royal lawyer is on the Kent Reliance conveyancing panel.
I require quick conveyancing in Farnham Royal as I have pressure to exchange contracts inside 4 weeks. A mortgage is not required. Can I avoid the conveyancing searches to save fees and time?
If.Given you are are a mortgage free buyer you have the choice not to have searches conducted although no conveyancer would suggest that you don't. Drawing on years of experience of conveyancing in Farnham Royal the following are examples of what can arise and adversely affect the marketability of the property: Enforcement Notices, Overdue Fees, Outstanding Grants, Road Schemes,...
I am looking to sell my home. My former conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Farnham Royal if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Farnham Royal. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.