My IFA says he needs my Filey law firm’s panel member for the HSBC conveyancing panel. What is the best way to discover this. I have contacted my local Filey branch but they have not responded to me.
Have you tried contacting your Filey conveyancing practitioner about this?. Most Filey conveyancing firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each mortgage company.
I own a freehold house in Filey but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Filey and has limited impact for conveyancing in Filey but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
I am helping my step-mother sell her house in Filey. Will the conveyancing solicitor arrange the energy performance certificate or it is for me to see to?
Following the demise of Home Information Packs, energy assessments became a compulsory part of moving house. An EPC needs to be to hand before the property is put on the market. This is not a task that solicitors ordinarily organise. If you are using a Filey conveyancing practitioner they might be willing to arrange energy assessments due to their contacts with reputable local providers
Is it the case that all Filey solicitor firms on the HSBC conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the HSBC approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. The majority of lenders do allow licenced conveyancers on their panel and in such a situation the firms would be governed by the Council of Licensed Conveyancers.
Our offer on a semi in Filey has been agreed to, but there is a chain. The sellers have offered on somewhere, however it’s not been accepted yet, and have viewings of other apartments booked. I have instructed a nearby conveyancing solicitor in Filey. What do I do now? When should I get the mortgage application with Coventry BS going?
It is normal to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is approx £1k, then valuation, Filey conveyancing search fees, etc). The first thing to do is ensure that your solicitor is on the Coventry BS approved list. As to the next steps this very much dictated by the specifics of your transaction, attraction to this property and on the state of the market. During a rising market many purchasers would apply for the mortgage with Coventry BS and arrange for the valuation and only if it was satisfactory would they request their solicitor to proceed with searches.
What will a local search reveal regarding the property I am buying in Filey?
Filey conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company for instance Searchflow The local search plays a central role in most Filey conveyancing purchase; that is if you don’t want any unpleasant surprises after you move into your property. The search should reveal data on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
I'm buying a new build house in Filey with a loan from Nottingham Building Society. The sellers refused to budge the amount so I negotiated £7000 of additionals instead. The sale representative advised me not to tell my solicitor about the side-deal as it will jeopardize my mortgage with the bank. Do I keep my lawyer in the dark?.
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.
In my capacity as executor for the estate of my aunt I am disposing of a property in Monmouth but live in Filey. My solicitor (approximately 235 miles awayrequires that I execute a statutory declaration ahead of completion. Can you recommend a conveyancing practitioner in Filey to attest and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are Filey based