We are planning to buy with Melton Mowbray Building Society. I went into 3 or 4 high street practices yet am struggling to find a Horncastle conveyancing firm on the Melton Mowbray Building Society approved list. Could you help?
Please do make the most of the find a lender approved solicitor tool on this web page. Please choose the building society and type Horncastle or your preferred area and you will see a number of lawyer located in Horncastle or nearest you.
Are all Horncastle Conveyancing Quality Solicitors on the Lloyds conveyancing list of approved firms?
Some major banks and building societies now make use of CQS as the starting point for Panel approval 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 solicitors wishing to join their approved list of conveyancing solicitors.
I am currently in the process of buying my council flat in Horncastle. I have a mortgage agreed with Leeds Building Society. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Leeds Building Society, you will need to appoint a solicitor on the Leeds Building Society conveyancing panel.
At last I have had an offer on a flat in Horncastle agreed to, but there is a chain. The sellers have offered on a flat, however it’s not yet agreed to, and are looking at other properties in the pipeline. I have chosen a nearby conveyancing solicitor in Horncastle. What should be my next step? At what stage should I apply for the mortgage with Coventry BS?
It is normal to have concerns where there is a chain as you are unlikely to want to incur expenses too early (mortgage application is approx one thousand pounds, then survey, Horncastle conveyancing search fees, etc). First, you should check that your solicitor is on the Coventry BS approved list. Regarding the subsequent phase this very much dictated by the circumstances of your transaction, desire for this property and on the state of the market. In a buoyant market the majority of buyers would apply for a home loan with Coventry BS and arrange for the valuation and only if it was satisfactory would they pay their lawyer to proceed with searches.
I am looking for a leasehold apartment up to £245,000 and found one round the corner in Horncastle I like with amenity areas and transport links nearby, the downside is that it only has 61 years on the lease. I can't really find anything else in Horncastle in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a home loan the shortness of the lease will likely be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
In my capacity as executor for the estate of my uncle I am disposing of a residence in Neath but live in Horncastle. My conveyancer (approximately 200 kilometers from mehas requested that I execute a stat dec prior to the transaction finalising. Can you recommend a conveyancing lawyer in Horncastle to witness this legal document for me?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Horncastle based
My wife and I have had DIP from Nottingham Building Society who suggested we could borrow up to £400k. When do we need to instruct a solicitor for conveyancing? Horncastle is where we are buying.
You can appoint a lawyer now requesting that they open a file on your behalf. This will kickstart: 1) the estate agent to send out the Sales Memorandum to the relevant parties 2) the seller’s lawyer to send out the draft agreement. That being said, do not instruct your lawyer to order searches until you receive your valuation report via Nottingham Building Society and you are content to proceed.