Do the Building Society Association intend to launch a search tool with a view to list practices on the Melton Mowbray Building Society conveyancing panel for example in Tickhill?
Lexsure has not been advised of any plans on the part of the BSA to develop such a tool.
There are numerous conveyancing solicitors in Tickhill but how do I know who I should use?
We would encourage you not to go for the cheapest Tickhill conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
We have a mortgage agreed in principle with Bank of Ireland. Tickhill conveyancing lawyers are chosen. How long does it take for Bank of Ireland to issue the offer to the conveyancer?
There is no definitive answer here. Have Bank of Ireland completed the valuation? Have you advised Bank of Ireland as to your lawyers' details and checked that your lawyers are on the Bank of Ireland conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Leeds Building Society have agreed my home loan in principle, my bid on a house in Tickhill has been accepted, what happens next?
The estate agent will want to be informed of your lawyer's details (ensure that the conveyancing practitioners are on the bank’s approved list). Call up Leeds Building Society or your broker and finish off any outstanding paperwork. Leeds Building Society will instruct a valuer who will get in touch with the estate agent or seller to arrange a time for the valuation to take place. Once conducted (assuming no problems) it takes approximately ten days to get a mortgage offer. Leeds Building Society will issue the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Tickhill.
It has been 4 months since my purchase conveyancing in Tickhill concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am purchasing my first flat in Tickhill benefiting from help to buy. The builders would not move on the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent advised me not disclose to my conveyancer about this deal as it will affect my loan with the lender. 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.
My husband and I are first time buyers - had an offer accepted, but the estate agent told us that the vendor will only move forward if we appoint the agent's chosen lawyers as they need a ‘quick sale’. We would rather use a local conveyancer accustomed to conveyancing in Tickhill
We suspect that the owner is not behind this request. Should the owner desire ‘a quick sale', alienating a serious buyer is going to damage their objectives. Avoid the agents and go straight to the owners and make sure they comprehend that (a)you are genuine buyers (b)you are ready to go, with finances in place © you do not need to sell (d) you wish to move quickly (e)but you will continue to instruct your own,trusted Tickhill conveyancing firm - as opposed tothe ones that will provide the negotiator at the agency a commission or hit his conveyancing thresholds set by HQ.