Much to our surprise we have been notified by our financial adviser that my Chathill property lawyer is not on the lender Conveyancing panel. How can I check?
Your first step should be to contact your Chathill lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. If they are not on the panel they may recommend you to a Chathill conveyancing firm that is on the conveyancing panel for your mortgage company.
I sincerely hope you can help me. My Chathill solicitor is advising me that he has toconduct Chathill conveyancing searches stemming from the fact thatthe firm are on the Nat Westconveyancing panel. Is this really necessary?
You have limited options available to you. As you are obtaining a mortgage with a bank your property lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook provisions . Even if you were a cash buyer you would be ill advised not to carry out Chathill conveyancing searches.
Finally the sale completed on my house in Chathill last February yet the purchaser is texting me to moan that his lawyer is waiting to hear from mine. What are the post completion sale legalities now that I have sold?
After completion of your house sale your conveyancer should deliver the transfer documentation and all supplemental paperwork to the purchaser's solicitors. Where relevant, your lawyer must also send confirmation that the home loan has been repaid to the buyers conveyancers. There are no post completion requirements specific conveyancing in Chathill.
We are selling our house in Chathill and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street Chathill conveyancer would know this is not the case. For the life of me I don't know why the buyers used a web based conveyancing firm rather than a conveyancing solicitor in Chathill. Having lived in Chathill for 5 years we know that this is a non issue. Do we contact our local Authority to seek clarification that there is no issue.
It would appear that you have a conveyancing firm already. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
The deeds to our house can not be found. The lawyers who did the conveyancing in Chathill 4 years ago no longer exist. What are my next steps?
In today’s world there are duplicates made of almost everything, and your lawyer should be aware exactly where to locate all the relevant documentation so you can buy or sell your house without any difficulty. Where copies are not available, your conveyancer can put in place insurance or indemnities against possible claims on the premises.
I'm buying a new build house in Chathill with a mortgage from Birmingham Midshires. The sellers refused to budge the amount so I negotiated £7000 of extras instead. The estate agent told me not inform my solicitor about the extras as it would put at risk my loan with Birmingham Midshires. Should I keep quiet?.
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.