I am hoping to receive a mortgage offer from Santander. I hope to retain the legal services of a Licensed Conveyancer in St Columb. Does the Santander Conveyancing panel allow for Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Why do I have to pay up front when it comes to conveyancing in St Columb?
Where you are retaining lawyers for conveyancing in St Columb your lawyer will request that you to provide them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. When the down payment is payable against the purchase price then this will be needed immediately in advance of exchange of contracts. Any further balance that is due will be payable a couple of days ahead of the day of completion.
I completed on my home on 7 April and my personal details is yet to be on the land registry website. Any reason for this? My conveyancing solicitor in St Columb expressed confidence that it would be formalised in a couple of weeks. Are properties in St Columb uniquely lengthy to register?
As far as conveyancing in St Columb is concerned, registration is no faster or slower than anywhere else in the country. As opposed to being determined by geographic area, timeframes can adjust depending on the party submitting the application, whether there are errors and whether the Land registry must send notices to any third persons or bodies. As of today in the region of 80% of such applications are fully addressed in less than three weeks but occasionally there can be longer hold-ups. Historically registration is effected once the buyer has moved in to the premises thus registration formalities is not always primary concern but if there is a degree of urgency associated with the registration then you or your lawyers could speak with the land registry and explain the circumstances.
I'm purchasing my first flat in St Columb with a loan from Lloyds TSB Bank. The builders refused to reduce the amount so I negotiated £7000 of additionals instead. The house builders rep advised me not to tell my conveyancer about this side-deal as it may adversely affect my mortgage with Lloyds TSB Bank. Should I keep quiet?.
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.
What type of premises does your St Columb conveyancing quotes relate to?
Our conveyancing quotes are only relevant to standard domestic premises in England & Wales. Where you have any different requirements for instance industrial or agricultural property or commercial conveyancing in St Columb you should telephone us to discuss your requirements .