My conveyancer has informed me that missing deeds insurance is required on my purchase. What is the typical level of cover needed for conveyancing in Saltash?
The right level of missing deeds indemnity insurance depends on your lender. It would differ for example between Nationwide Building Society and Coventry Building Society. Conveyancing practitioners as opposed to borrowers take out such insurances.
Is it the case that all Saltash CQS (Conveyancing Quality Scheme) solicitors are on the Lloyds conveyancing panel?
A selection of lenders now use the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of firms.
Intending to buy a flat in Saltash. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the RBS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Saltash conveyancer is on the RBS conveyancing panel.
My colleague suggested that if I am buying in Saltash I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Saltash conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Saltash around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Saltash Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Saltash Education with maps and statistics, Local Amenities and other useful information regarding Saltash.
I used Stirling Law several years past for my conveyancing in Saltash. Now, I need my files but the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Saltash of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the guidance of my in-laws I had a survey completed on a property in Saltash in advance of instructing conveyancers. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some banks may refuse to give a loan on a flying freehold home.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. If you e-mail us we can investigate further with 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 Saltash. Conveyancing will be smoother if you use a solicitor in Saltash especially if they are accustomed to such properties in Saltash.
I need to find a conveyancing solicitor for sale conveyancing in Saltash. I have chance upon a web site which seems to have the ideal solution If there is a chance to get all formalities done via phone that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?