I am buying a property and require a conveyancing solicitor in Stockwood who is on the National Westminster Bank solicitor. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for National Westminster Bank in certain locations such as Stockwood. We dont recommend any particular firm.
I happen to be the single beneficiary of my late father’s will and I have everything in my name now, including the house in Stockwood. The Stockwood property was put into my name in April. I plan to dispose of the property. I do know about the Mortgage Lenders six month 'rule', which means that my proprietorship will be regarded the same way as though I had purchased the house in April. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook requires solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. Some banks would take a pragmatic view as this obligation primarily exists to identify the purchase and immediately sell or the flipping of properties.
How can we know in advance if a Stockwood conveyancing solicitor on the Clydesdale panel is any good?
When it comes to conveyancing in Stockwood getting recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the solicitor carrying out your transaction.
My husband and I have arranged a further advance on our mortgage from UBS as we want to conduct alterations to our house in Stockwood. Do we need to appoint a high street Stockwood solicitor on the UBS conveyancing panel to deal with the legals?
UBS would not normally instruct a member of their approved list of lawyers to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the UBS list.
I have justdiscovered that Arc property Solicitors have closed. They conducted my conveyancing in Stockwood for a purchase of a leasehold flat 12 months ago. How can I check that the property is in my name in the name of the former proprietor?
The easiest method to see 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 Stockwood conveyancing specialists.
I am buying a new build house in Stockwood with a mortgage from Nationwide Building Society. The developers refused to move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent told me not reveal to my solicitor about the deal as it may put at risk my loan with the bank. 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 opted to have a survey carried out on a property in Stockwood ahead of appointing solicitors. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some banks will not grant a mortgage on a flying freehold premises.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Stockwood. Conveyancing may be slightly more expensive based on your lender's requirements.