I have just been advised by my broker that my East Dean solicitor is not on the mortgage company Solicitor panel. How can I be certain that this is indeed the case?
Your first step should be to contact your East Dean lawyer directly. It is reasonable to expect your lawyer to notify you what has happened. If they are not on the panel they may be able to suggest a East Dean conveyancing practice that is on the conveyancing panel for your mortgage company.
We are about to exchange contracts for a semi detached house in East Dean. We have hit a stumbling block. Our loan offer with Birmingham Midshires runs out on 23/5/2025 but the owners are putting forward a completion date of 28/5/2025. Is it possible to prolong the mortgage expiry date?
The best person to address this issue is your solicitors who will determine if he or she is corresponding with the lender, vendor’s lawyers, selling agents or indeed all three taking into account the history of your transaction as of today.
We just had an offer accepted to purchase with Norwich and Peterborough Building Society. We have called around locally yet am unable to find a East Dean conveyancing firm on the Norwich and Peterborough Building Society panel. Please you help?
You should take advantage of the find a lender approved solicitor tool on this web page. Pick the lender and type East Dean or your preferred area and you will discover numerous solicitors located in East Dean or nearest you.
What is the difference between a licensed conveyancer and conveyancing solicitor in East Dean
Two types of professional can carry out conveyancing in East Dean namely licenced conveyancers or solicitors. Both professionals administer the legal services that you need to complete the sale or purchase of property. They are both required to conduct East Dean conveyancing on similar standards and guidelines so you may be safe in the knowledge that your conveyancing will be professionally administered and that all requirements and steps should be appropriately attended to.
This question may be naive but I am wet behind the ears as a 1st time purchaser of a garden flat in East Dean. Do I collect the keys to the property on completion from my solicitor? If so, I will instruct a High Street conveyancing solicitor in East Dean?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the completion advance to the vendor’s lawyers, and once they have received this, you will be invited to collect the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.
Are all East Dean Conveyancing Quality Solicitors on the Yorkshire BS conveyancing list of approved firms?
A selection of banks and building societies now utilise the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
I'm buying my first flat in East Dean with a loan from Nottingham Building Society. The builders refused to move on the price so I negotiated 6k of additionals instead. The property agent told me not inform my conveyancer about the side-deal as it will jeopardize my mortgage with the lender. 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.
Due to the encouragement of my in-laws I had a survey completed on a house in East Dean prior to retaining solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor has said that some lenders tend refuse to give a loan on this type of home.
It varies from the lender to lender. Santander has different requirements for example to Halifax. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in East Dean. Conveyancing will be smoother if you use a solicitor in East Dean especially if they are accustomed to such properties in East Dean.