I am purchasing a brand new apartment in Great Stanmore and my conveyancer is telling me that she is duty bound to the lender to reveal incentives from the seller. I am under pressure to exchange contracts and I have no desire to delay matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
My husband and I are hoping to buy a purpose built flat in Great Stanmore with a loan from Godiva Mortgages Ltd.We would like to retain our Great Stanmore conveyancing lawyer but Godiva Mortgages Ltd advised that her practice is not listed on their approved list of firms. we are left little option but to use a Godiva Mortgages Ltd panel firm or keep our high street solicitor and fork out for a Godiva Mortgages Ltd panel lawyer to act for them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The loan issued to you is subject to its various provisions, a common one being that lawyers will be on the Godiva Mortgages Ltd approved list. Until recently, most lenders had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for Godiva Mortgages Ltd
I am helping my sister sell her flat in Great Stanmore. Does the conveyancing solicitor commission the EPC or should I organise this?
After the demise of Home Information Packs, EPC’s was kept a mandatory part of moving property. An EPC must be to hand in advance of the property being advertised. This is not as aspect of the sale process that conveyancers normally organise. If you are instructing a Great Stanmore conveyancing lawyer they might be able to arrange energy performance certificates due to their relationships with reputable Great Stanmore assessors
About to purchase house in Great Stanmore. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Santander conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Great Stanmore conveyancing practitioner is on the Santander conveyancing panel.
I was told two weeks ago that my mortgage has been agreed to by Kent Reliance. Is it usual for Kent Reliance to only issue the offer once my solicitor in Great Stanmore is approved on their conveyancing panel? Kent Reliance have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
Mortgage companies tend not to not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Kent Reliance to deal with your lawyer's application to be on the Kent Reliance conveyancing panel. There's no guarantee that your solicitor will be accepted.
The deeds to our property can not be found. The lawyers who did the conveyancing in Great Stanmore 4 years ago are no longer around. What are my options?
These day there are duplicates made of almost everything, and your lawyer will be aware exactly where to find all the appropriate paperwork so you can purchase or sell your house without any difficulty. If copies can’t be found, your conveyancer can arrange cover in the form of insurance or indemnities against possible claims on your property.
Are there any apps to help identify a Great Stanmore solicitor on the The Royal Bank of Scotland conveyancing panel? I have a car and am prepared to travel upto 10kilometers to meet the solicitor.
Feel free to make use of the search on this website. Please choose the bank and your location and you will see a number of Great Stanmore conveyancing lawyers locally. We have listed some Great Stanmore conveyancing firms at the bottom of this page and you can telephone them to verify whether they are on the The Royal Bank of Scotland approved list
My husband and I are 3 weeks into a freehold purchase having been referred to conveyancers by the high street agent to carry out the conveyancing in Great Stanmore. We are not happy. Can you you assist me in finding new conveyancers?
A lawyer would need to be very bad in order to consider changing them. Has your mortgage been issued? If so you will need to inform them of the new solicitor and get the offer are re-issued. Your conveyancer should be on the mortgage company approved list to avoid escalating costs and frustration. So that should be your starting point. Our find a solicitor tool should assist you in finding a lender approved lawyer for your conveyancing in Great Stanmore