I have just started taking steps with a view to porting my current homeowner loan to a BTL Lloyds TSB Bank mortgage. The bank has said that I need a conveyancer for this. I had a chat my former Sidcup conveyancing solicitor who who did the conveyancing when I first acquired the premises. The fee calculation sent of £550 has shocked me as its a remortgage than a sale or purchase.
The costs illustration is slightly on the expensive side. If you are happy to spend time comparing charges you might trim some of the cost by perhaps a hundred pounds. On the other hand, providing that you were satisfied with the conveyancing the firm gave you couldcome to rue opting for an an untested conveyancer. If is important to check the solicitor can also act for Lloyds TSB Bank. You can utilise our search tool to locate a Sidcup conveyancing firm on the Lloyds TSB Bank member panel, which can often include conveyancing solicitors in Sidcup.
My grandson is in the process of securing a newly built flat in Sidcup with a home loan from Co-operative. His lawyer has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. What is this document - I have never come across this before?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Co-operative conveyancing panel as a standard part of the process, and to the surveyor when requested. 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 Co-operative conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Me and my brother have a semi-detached Edwardian property in Sidcup. Conveyancing lawyer acted for me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the matching address. Is it worth asking Nottingham Building Society to clarify?
You need to assess 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sidcup and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with your conveyancing lawyer who carried out the work.
I decided to have a survey carried out on a house in Sidcup before retaining solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some mortgage companies may refuse to issue a mortgage on this type of home.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. If you call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Sidcup. Conveyancing will be smoother if you use a solicitor in Sidcup especially if they are acquainted with such properties in Sidcup.
Is there anything unique about your site and other internet conveyancing brokers for conveyancing in Sidcup?
At this site obtain an accurate costs illustration via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Sidcup. As opposed to estate agents and many comparison sites we do not operate kick-back deals with solicitors. Many agents and online brokers 'recommend' solicitors paying the most commission, as opposed to the best value conveyancing in Sidcup