I am selling my house in Templecombe. Will the conveyancing practitioner have to be required to be on the Lloyds conveyancing panel in order to deal with redeeming my mortgage?

Ordinarily, even if your lawyer is not on the Lloyds conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.

I completed on my apartment on 11 May and the transaction details is yet to be registered. Any reason for this? My conveyancing solicitor in Templecombe said it will be formalised in a couple of weeks. Are titles in Templecombe uniquely lengthy to register?

As far as conveyancing in Templecombe registration is no quicker or slower than anywhere else in the country. Rather than based on location, timeframes can vary subject to the party submitting the application, whether there are errors and if the Land registry communicate with any third persons or bodies. At present in the region of three quarters of such applications are fully dealt with in less than three weeks but occasionally there can be protracted hold-ups. Registration occurs after the purchaser is living at the premises therefore registration formalities is not usually primary concern but where there is a degree of urgency associated with the registration then you or your lawyers should contact the land registry and explain the circumstances.

I'm buying my first flat in Templecombe with a loan from Alliance & Leicester . The developers refused to reduce the price so I negotiated 6k of additionals instead. The sale representative told me not to tell my conveyancer about the extras as it may adversely affect my mortgage with Alliance & Leicester . Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder 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.

Due to the encouragement of my in-laws I had a survey completed on a house in Templecombe in advance of instructing lawyers. I have been advised that there is a flying freehold element to the house. The surveyor advised that some banks may refuse to grant a mortgage on this type of house.

It varies from the lender to lender. Lloyds has different instructions for example to Halifax. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Templecombe. Conveyancing may be slightly more expensive based on your lender's requirements.

I have been advised by a few selling agents in Templecombe to choose a solicitor using your seach tool. Is there a financial upside for Estate Agents to promote your site over and above alternative conveyancing organisations?

We refuse to give any financial incentive for directing people to this site. We found it would be just too difficult to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.