I can't travel far from Heathfield. What is the rationale as to why all Heathfield solicitors aren't automatically on all lender panels?
As inequitable as it may seem for lenders to limit who can act for them, from the public’s or solicitor’s point of view, the the contrary view is that mortgage companies are becoming ever more anxious and regard it imperative to shield themselves from illegal activities. As a consequence of this concern lenders are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.
My uncle passed away 10 months ago and as sole heir and executor I was left the house in Heathfield. The house had a relatively small loan left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to UBS, pay off the mortgage. Is this possible?
Where you intend to refinance then UBS will insist on your using a conveyancer on the UBS 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 UBS 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 UBS mortgage is registered as a charge at the Land Registry.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Heathfield?
Two types of professional can execute conveyancing in Heathfield namely licenced conveyancers or solicitors. Both professionals handle the legal services that required to complete the sale or purchase of property. Both are obliged to carry out Heathfield conveyancing to the same quality and guidelines so you can be safe in the knowledge that your conveyancing will be professionally carried out and that the requirements and steps will be appropriately followed.
Is it the case that all Heathfield CQS (Conveyancing Quality Scheme) solicitors are on the Aldermore conveyancing list of approved firms?
A selection of banks and building societies now utilise CQS as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their approved list of conveyancing solicitors.
My partner and I are at the point of looking at apartments in Heathfield and I am about to put in an offer. Is it too early to have a solicitor in place? I will be getting a mortgage with Aldermore.
It would be sensible to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. As you are obtaining a mortgage with Aldermore, make sure you remember to check that your lawyer is on the Aldermore conveyancing panel.
Due to the input of my in-laws I had a survey completed on a property in Heathfield prior to retaining conveyancers. I have been told that there is a flying freehold aspect to the house. Our surveyor has said that some banks tend refuse to grant a mortgage on a flying freehold property.
It depends who your proposed lender is. Bank of Scotland has different requirements from Birmingham Midshires. If you call us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Heathfield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Heathfield to see if the conveyancing will be more expensive.
How do I locate a Heathfield solicitor on the Bank of Ireland conveyancing panel? I drive a motor bike and am prepared to travel upto 20miles to meet the solicitor.
You can use the search on this website. Please choose the bank and your location and you will see a number of Heathfield conveyancing lawyers locally. We have listed some Heathfield conveyancing firms at the bottom of this page and you can call them to verify whether they are on the Bank of Ireland member panel