Much to our surprise we have been told by our mortgage broker that my Astley property lawyer is not on the mortgage company Conveyancing panel. How can I check?
You need to contact your Astley conveyancer. It is reasonable to expect your lawyer to advise you of the situation. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
Completion of my purchase has taken place for my property in Astley. Conveyancing was of an acceptable standard but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
My offer was accepted on a house in Astley on 6/6/2025, valuation was booked five days later, all came back fine. Conveyancer appointed, so all that was missing was my mortgage offer. Having made daily calls to Nottingham and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nottingham conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nottingham to deal with your lawyer's application to be on the Nottingham conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have finally had an offer on a flat in Astley accepted, but there is a chain. The sellers have put an offer on a flat, however it’s not been accepted yet, and have viewings of other flats booked. I have chosen a local conveyancing solicitor in Astley. What do I do now? When should I get the mortgage application with Virgin Money started?
It is understandable to have concerns where there is a chain as you are unlikely to want to incur costs too early (home loan application is approx one thousand pounds, then survey, Astley conveyancing search fees, etc). First, you should ensure that your property lawyer is on the Virgin Money approved list. Concerning the next stages this very much depends on the specifics of your case, attraction to this property and on the state of the market. In a hot market many home buyers would apply for the mortgage with Virgin Money and arrange for the valuation and only if it comes back ok would they request their conveyancing practitioner to move forward with searches.
Various web forums that I have come across warn that are the number one reason for delay in Astley conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of delays during the legal transfer of property. Searches are not likely to feature in any delay in conveyancing in Astley.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Astley?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Astley. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am purchasing a new build house in Astley with a loan from Bank of Ireland. The developers refused to move on the amount so I negotiated 6k of fixtures and fittings instead. The house builders rep suggested that I not to tell my lawyer about this extras as it could impact my mortgage with the bank. 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.
Taking into account that I will soon part with £400,000 on a garden flat in Astley I wish to have a conversation with the conveyancer concerning theconveyancing prior to instructing the firm. Can this be arranged?
This is something that we recommend - we would be happy to talk to you we do not take any clients on without you speaking to the lawyer who will be carrying out your conveyancing in Astley.There is no ‘factory style conveyancing’ - every client is an important person, not a case number. The practices that we put you in touch with believe that the figure you are provided with for residential conveyancing in Astley should be the amount on the final invoice that you are charged.