Can you help? My Houghton Regis lawyer is assuring me that she is duty bound toconduct Houghton Regis conveyancing searches stemming from the fact thatthe firm are on the Santandersolicitor panel. These Houghton Regis checks cost a lot of money can this be avoided?
Unfortunately both you and your lawyer have little choice here. As you are obtaining a mortgage with a bank your conveyancer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Houghton Regis conveyancing searches.
What will a local search tell me regarding the house I am purchasing in Houghton Regis?
Houghton Regis conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search company such as Searchflow The local search plays an important role in most Houghton Regis conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your property. The search will supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
Due to the encouragement of my in-laws I had a survey completed on a house in Houghton Regis prior to retaining lawyers. I have been told that there is a flying freehold element to the house. Our surveyor has said that some lenders will not grant a loan on a flying freehold house.
It depends who your proposed lender is. Santander has different requirements for example to Birmingham Midshires. If you e-mail us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Houghton Regis. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Houghton Regis to see if the conveyancing will be more expensive.
I'm converting the mortgage on my primary house to a buy to let mortgage with Clydesdale and intend to use the remaining equity as a down payment on a second property. The area we are looking at is Houghton Regis. Will your solicitors be able to act for both sets of mortgage companies and link together the transactions?
Make use of our comparison tool on this page to ensure that the conveyancers are approved by both banks. On the basis that they are the lawyer should be able to simultaneously deal with the two deals but you should have a chat with you solicitor and make apparent your expectations and needs.
My brother-in-law has suggested I instruct a conveyancing solicitor in Houghton Regis. I I would like to check if they are listed on the lender's approved list of lawyers. Could you or the bank confirm if they are on the panel?
One option is to call your solicitor to check if they are on the lender's panel. Alternatively please get in touch with us and we can make some checks for you. If they are not on the bank panel we can certainly arrange a specialist conveyancing solicitor in Houghton Regis on the approved list for your lender.