We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Does this mean I have to appoint their panel conveyancer as I would prefer to appoint a Downe based conveyancing firm?
Do check but the the probability is that give you one of their panel lawyers where you take up the "fee-free" incentive. Contact the lender and explore if they make available a cash alternative. In the past a few mortgage companies offered a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in Downe.
We are purchasing a property in Downe. It might be a silly question but how we can trust a solicitor? At some point we will need to send funds into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Does a directory service exist listing Aldermore panel solicitors in Downe on the UK Finance Lenders’ Handbook Website?
No. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. Very few lenders make their panel listings open the public online. If you are looking for a Downe solicitor on the Aldermore please make the most of our tool.
Is it the case that all Downe solicitor practices on the Nottingham conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Nottingham conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Some banks do permit licenced conveyancers on their panel and in such a situation the organisation would be regulated by the Council of Licensed Conveyancers.
A colleague advised me that if I am buying in Downe I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually quoted for as part of the standard Downe conveyancing searches. It is not a small report of about 40 pages, listing and setting out important information about Downe around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Downe Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data regarding Downe.
The estate agent has sent us the confirmation of our purchase of a new build flat in Downe. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Downe
-
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are surveyor prepared. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
I am looking into buying my first house which is in Downe and I am already nervous. I couldn't find anything specific about Downe. Conveyancing will be needed in due course but do you know about the Downe area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Downe. In the meantime here are some basic statistics that we found
I have read on a number of online forums that before selecting a conveyancing solicitors they must be approved by your bank. I am novice purchaser but I have an AIP via Nat West Bank and I already have a high street conveyancing lawyer in Downe in place. Will HSBC need an approved conveyancer to be instructed? Does a directory of approved conveyancers even exist for my conveyancing in Downe?
You should instruct a solicitor that is on the HSBC panel. The simplest thing to do is call your chosen Downe conveyancing lawyer and ask if they are on the HSBC panel. If they are not on the panel you have numerous choices available to you here:
- Carry on with your existing Downe conveyancing practitioner but HSBC will need to retain a lawyer from their conveyancing panel. The net result is additional cost together with probable delay.
- Choose a fresh conveyancer to act in the purchase, ensuring that they are on the HSBC conveyancing panel.
- Convince your conveyancing practitioner to do everything possible to get listed on the HSBC panel of solicitors.
