We are hoping to acquire a 2 bedroom flat in Blyth with a mortgage. We like our Blyth solicitor, however the bank says she’s not on their "panel". We have to appoint one of the mortgage company panel conveyancing practices or continue with our Blyth property lawyer as well as pay for one of their panel firms to represent them. This feels very unfair; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Blyth conveyancing solicitor to apply to be on the conveyancing panel.
Having sold my house in Blyth last January but my buyer keeps texting me complaining that her conveyancer is waiting to hear from mine. What should my lawyer have done now that I have sold?
Post completion of your sale your solicitor should send the transfer deeds and all of the paperwork to the purchaser's lawyers. Depending on the transaction, your solicitor must also confirm that the home loan has been paid off to the buyers lawyers. There is unlikely to be post completion procedures just for conveyancing in Blyth.
We just had an offer accepted to purchase with Darlington Building Society. I went into a few high street practices but cant to find a Blyth conveyancing firm on the Darlington Building Society approved list. Could you assist?
Feel free to take advantage of the find a conveyancing panel solicitor tool on this site. Please choose the mortgage company and type Blyth or your location and you will discover numerous solicitors located in Blyth or near you.
I used Stirling Law a few years past for my conveyancing in Blyth. Now, I need the documents but the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Blyth of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am purchasing a new build house in Blyth benefiting from help to buy. The sellers refused to budge the price so I negotiated £7000 of additionals instead. The house builders rep advised me not reveal to my solicitor about the extras as it will jeopardize my mortgage with the lender. Is this normal?.
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.
I opted to have a survey completed on a property in Blyth prior to appointing lawyers. I have been informed that there is a flying freehold aspect to the house. Our surveyor has said that some mortgage companies will not issue a loan on a flying freehold home.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. If you call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Blyth. Conveyancing will be smoother if you use a solicitor in Blyth especially if they are acquainted with such properties in Blyth.