Much to our surprise we have been advised by our lender that my Exton solicitor is not on the mortgage company Solicitor panel. How can I be sure that this is correct?
Your first step should be to call your Exton lawyer directly. You lawyer should notify you of the situation. If they are not on the panel they may recommend you to a Exton conveyancing firm that is on the approved list of lawyers for your mortgage company.
We are buying a property and require a conveyancing solicitor in Exton who is on the Principality solicitor panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Principality . We don't recommend any particular firms conducting conveyancing in Exton.
Is it necessary during the course of the conveyancing process to visit the offices of the solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Exton so that I can attend their offices when needed.
These days conveyancing panel lawyers for banks undertake all of the work via the post, e-mail or over the phone. This enables them to conduct the conveyancing transaction regardless of where you live in the country. Nevertheless you can check if you have the option of visiting the offices of your conveyancing lawyer if just in case this is required.
My friend suggested that if I am purchasing in Exton I should carry out 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 Exton conveyancing searches. It is a large report of more than thirty pages, listing and detailing important information about Exton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Exton Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful information about Exton.
I am purchasing a new build house in Exton benefiting from help to buy. The builders refused to budge the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep suggested that I not disclose to my conveyancer about this side-deal as it may jeopardize my loan with the lender. 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.
We are one month into a residential purchase having been directed to solicitors by the selling agent to do our conveyancing in Exton. I am not happy. Can you help me find new solicitors?
A conveyancer would need to be really poor to suggest replacing them. Has your mortgage been issued? In the event that it has you must inform them of the new contact details and ensure the offer are issued to the new lawyers. Your conveyancer needs to be on the banks panel to avoid supplemental fees and complications. So that should be your first question of the new conveyancers. The search tool should assist you in finding a lender approved lawyer for your home move in Exton