I am expecting a mortgage offer from Santander. I hope to retain the legal services of a Licensed Conveyancer in Heckington. Does the Santander Solicitor panel exclude Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My solicitor has discovered a defect with the lease for the apartment we are purchasing in Heckington. The seller’s lawyers have offered title insurance as a workaround. We are content with insurance and will pay for it. Our conveyancer has advised that he must check that the lender is willing to move forward with this solution. Who is the client here, us or the bank?
Notwithstanding that you have a mortgage offer from the bank does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the lender are the client. The appropriate lender specifications have to be complied with.
We are planning to acquire a house and need a conveyancing solicitor in Heckington who is on the Nationwide approved panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nationwide . We don't recommend any particular firms conducting conveyancing in Heckington.
How does conveyancing in Heckington differ for newly converted properties?
Most buyers of new build property in Heckington come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Heckington tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Heckington or who has acted in the same development.
We are in the process of acquiring a home in Heckington. Conveyancing is not yet done but we would like have the amount we are are purchasing for private from sites such as Zoopla. How can this be done?
The Land Registry by statute are obliged to note price paid information on the official title for domestic properties countrywide which includes premises in Heckington. The Title Register is a public document, so the Land Registry would be breaching their statutory duty if they failed to permit access to the register.
In essence you can ask HMLR to withhold the price paid data but the response will be a No.