My financial adviser says he needs my Leighton Buzzard law firm’s panel member for the HSBC conveyancing panel. How do I find this out. I have contacted my local Leighton Buzzard branch but they have not got back to me yet.
Have you tried contacting your Leighton Buzzard conveyancing practitioner about this?. Most Leighton Buzzard law practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
Our grandson is purchasing a new build apartment in Leighton Buzzard with a mortgage from TSB. His conveyancer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the TSB conveyancing panel as a standard part of the process, and to the surveyor when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My wife and I are purchasing a house in Leighton Buzzard. I might seem paranoid but how we can trust a conveyancer? On completion day we will need to send funds into their account. What is the protection 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.
Forgive me if this question is silly but I am wet behind the ears as a first time buyer of a two bedroom flat in Leighton Buzzard. Do I collect the keys to the property on the completion date from my lawyer? If so, I will instruct a High Street conveyancing solicitor in Leighton Buzzard?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the completion advance to the seller's lawyers, and shortly after the monies have arrived, you will be invited to pick up the keys from the Estate Agents and start moving into the property. This tends to happen between 1 and 3pm.
We are getting a further advance on our home loan from Nationwide as we intend to carry out improvements to our house in Leighton Buzzard. Do we need to choose a high street Leighton Buzzard solicitor on the Nationwide conveyancing panel to deal with the legals?
Nationwide do not ordinarily instruct a member of their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Nationwide list.
I purchased a renovated Georgian house in Leighton Buzzard. Conveyancing practitioner acted for me and Virgin Money. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold with the matching address. Is it worth asking Virgin Money to clarify?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Leighton Buzzard and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing solicitor who conducted the conveyancing.
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Leighton Buzzard is where the house is located. Is there any advice you can impart?
Flying freeholds in Leighton Buzzard are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Leighton Buzzard you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Leighton Buzzard may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.