I have been recommended a conveyancing solicitor in Waltham Abbey. I I am struggling to find out if they are on the Santander approved list of lawyers. Can you advise?
You should e-mail your solicitor and ask them whether they are on the lender panel. Alternatively you should get in touch with Santander who may be able to help.
Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when buying a house in Waltham Abbey?
Unless a previous purchase of the premises took place post 12 October 2013 you could take it that lawyers carrying out conveyancing in Waltham Abbey to remain encouraging a chancel search and or insurance against a claim.
I purchased a renovated Victorian house in Waltham Abbey. Conveyancing practitioner represented me and Godiva Mortgages Ltd. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Waltham Abbey and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with the conveyancing practitioner who conducted the conveyancing.
I am purchasing a new build house in Waltham Abbey with a loan from Nationwide Building Society. The developers refused to budge the price so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not disclose to my conveyancer about the side-deal as it will adversely affect my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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.
We're first time buyers - agreed a price, but the selling agent informed us that the vendor will only issue a contract if we appoint their preferred lawyers as they need a ‘quick sale’. We would rather use a high street solicitor with experience of conveyancing in Waltham Abbey
We suspect that the owner is not behind this ultimatum. If they desire ‘a quick sale', alienating a genuine buyer is going to damage their objectives. Contact the owners directly and explain that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you are going to use your preferred Waltham Abbey conveyancing lawyers - not the ones that will provide their negotiator at the agency a referral fee or meet his conveyancing targets set by HQ.