Unfortunately I am unable to travel far from Rufford. I would like to know the reason why all Rufford solicitors are not on all lender panels?
Even though it may seem unfair for mortgage companies to restrict who can represent them, from the public’s or solicitor’s point of view, the other side of the coin is that lending institutions are increasingly anxious and regard it imperative to protect them from illegal activities. As a result of this concern lenders are limiting their panel of approved conveyancing lawyers to a size that they are happy to control.
I have recentlyfound out that Stirling Law have been shut down. They carried out my conveyancing in Rufford for a purchase of a leasehold flat 9 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The easiest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Rufford conveyancing specialists.
I'm purchasing a new build house in Rufford with the aid of help to buy. The developers refused to move on the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative told me not to tell my solicitor about the deal as it may put at risk my loan with the bank. Should I keep quiet?.
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.
Due to the guidance of my in-laws I had a survey completed on a property in Rufford in advance of retaining conveyancers. I have been advised that there is a flying freehold overhang to the property. My surveyor advised that some banks tend not grant a mortgage on this type of property.
It depends who your proposed lender is. Lloyds has different instructions from Birmingham Midshires. If you e-mail us we can look into this further with the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Rufford. Conveyancing may be slightly more expensive based on your lender's requirements.
I am downsizing from my home. My previous lawyers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Rufford if that makes things easier.
Do use our search tool to help you find a solicitor for your conveyancing in Rufford. 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.