I am getting a mortgage offer from Lloyds. My intention is to retain the legal services of a Licensed Conveyancer in Eastbourne. Does the Lloyds Solicitor panel allow for conveyancers regulated by the CLC?
The Lloyds conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Our bank has recommended a law firm on their panel based in Eastbourne but I would rather instruct a conveyancing lawyer in Eastbourne local to me. Can you help?
The minority of Eastbourne conveyancing practices are approved and listed on all banks conveyancing panel. Please make use of our find an approved solicitor tool to locate a Eastbourne conveyancing firm on the on the mortgage company panel.
My partner and I are downsizing from our house in Eastbourne and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A high street Eastbourne conveyancer would know this is not the case. For the life of me I don't know why the purchasers instructed a nationwide conveyancing outfit rather than a conveyancing solicitor in Eastbourne. Having lived in Eastbourne for many years we know of no issue. Do we get in touch with our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You should 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 life insurance to cover that same sickness)
I'm buying a new build house in Eastbourne with a mortgage from The Mortgage Works. The developers would not move on the price so I negotiated £7000 of extras instead. The sale representative advised me not inform my solicitor about this deal as it may affect my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Eastbourne is where the house is located. What do you suggest?
Flying freeholds in Eastbourne are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Eastbourne you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Eastbourne may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Me and my partner have just had an offer agreed on a apartment and had an appointment on Monday with Nationwide for the mortgage. They warned me that when it comes to selecting a property lawyer that if they are not on their approved list of conveyancing practitioners then we will be subject to an an additional fee of £200. This is because they will then have to instruct a property lawyer to act for them in addition to the one we appoint for ourselves and we assume responsibility for their invoice. I have asked Nationwide to supply me with a list so I can seek estimates only from their approved solicitors but was told that I need to check with each individual conveyancer to see if they are on the panel. Is there a list online?
Ask Nationwide what their criteria for panel membership is for a solicitor.Then ask the property lawyer of your choice whether they fit that criteria and have they acted on mortgages for Nationwide historically. If the answer to those is yes, then just clarify this with Nationwide. Another option is to make use of our search tool and we may be able to identify a solicitor in Eastbourne on the panel for Nationwide.