I am hoping to receive a offer of a home loan from Lloyds. My intention is to enlist the help of a Licensed Conveyancer in Redruth. Does the Lloyds Solicitor panel include conveyancers regulated by the CLC?

The Lloyds conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.

I'm buying my first flat in Redruth with the aid of help to buy. The builders refused to budge the price so I negotiated 6k of additionals instead. The house builders rep suggested that I not disclose to my lawyer about the side-deal as it will put at risk my loan with Aldermore. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I decided to have a survey done on a property in Redruth before appointing conveyancers. I have been advised that there is a flying freehold overhang to the house. The surveyor has said that some mortgage companies will not give a loan on this type of house.

It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. If you call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Redruth. Conveyancing will be smoother if you use a solicitor in Redruth especially if they regularly deal with such properties in Redruth.

How do I locate a Redruth solicitor on the Barclays conveyancing panel? I have a car and am willing to travel upto 10kilometers to meet the lawyer.

You can use the search on this website. Please choose the bank and your location and you will see a number of Redruth conveyancing lawyers locally. We have listed some Redruth conveyancing firms at the bottom of this page and you can call them to check whether they are on the Barclays member panel

I have miscalculated my finances and am a few grand short a 10% deposit on my flat purchase in Redruth , but I am anxious go ahead. What can I do?

One option is to try and agree a smaller deposit. Most sellers will agree to a lower deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.

You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute