My IFA requires my Histon law firm’s panel reference for the Santander conveyancing panel. How do I discover this. I have e-mailed my local Histon branch but they have not responded to me.
You are best placed to get this information from your Histon conveyancer . Most Histon law firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
I am acquiring a newly built flat in Histon and my lawyer is telling me that she is duty bound to the mortgage company to disclose incentives from the developer. I am under pressure to exchange contracts and my preference is not to prolong matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Me and my partner are purchasing a flat in Histon. It might be a silly question but how we can trust a solicitor? At some point we will need to send our life savings into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I am the only recipient of my late mum's will and I have everything in my name now, including the my former home in Histon. Conveyancing formalities meant that the Land Registry date was in June. I now wish to sell up. I understand that there is a Mortgage Lenders 6 month 'rule', which means that my property ownership will be treated the same way as if I'd bought the house in June. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be impacted by that. How practical a view mortgage companies take of it, depend on the mortgage company as this requirement primarily exists to identify the purchase and immediately sell or the wholesaling and assigning of property.
When it comes to mortgage companies such as Skipton, do Histon conveyancers incur a fee to be on the list of approved solicitors?
We are not aware of any lender fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
Are there restrictive covenants that are commonly picked up during conveyancing in Histon?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Histon. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Are there any apps to assist me to search for a Histon law firm on the Leeds Building Society conveyancing panel? I have a car and am happy to travel upto 20kilometers to meet the solicitor.
You can use the search on this page. Please choose the lender and your location and you will see a number of Histon conveyancing lawyers based on proximity. We have listed some Histon conveyancing firms at the bottom of this page and you can telephone them to check whether they are on the Leeds Building Society member panel