Are the BSA planning on creating a searchable register to list firms on the Loughborough BS conveyancing panel for example in Hawkshead?
Lexsure has not been advised of any intention on the part of the BSA to promote such a tool.
We had instructed solicitors located in Hawkshead on the TSB solicitor approved list. They are now charging me a separate fee for the legal aspects of the TSB mortgage. Is this a supplemental conveyancing fee specified by TSB?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your conveyancer can levy a fee for this. The charge is not set by TSB but by your Hawkshead property lawyer. Some firms on the TSB panel will quote an ‘acting for lender’ fee but plenty of practices incorporate it on their overall fee.
I have decided to exercise my right to buy my property in Hawkshead off the council. I have a mortgage agreed with Co-operative. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Co-operative, you will need to appoint a solicitor on the Co-operative conveyancing panel.
Intending to buy a apartment in Hawkshead. 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 Coventry BS 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 Hawkshead property lawyer is on the Coventry BS conveyancing panel.
A friend suggested that where I am purchasing in Hawkshead I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Hawkshead conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Hawkshead around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Hawkshead Education with maps and statistics, Local Amenities and other useful data about Hawkshead.
I'm buying my first flat in Hawkshead with a loan from Alliance & Leicester . The builders refused to budge the price so I negotiated £7000 of extras instead. The property agent suggested that I not disclose to my lawyer about this side-deal as it could impact 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.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a simple, no chain conveyancing. Hawkshead is where the house is located. Can you shed any light on this issue?
Flying freeholds in Hawkshead are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Hawkshead you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hawkshead 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 residence.
I am downsizing from my home. My previous lawyers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Hawkshead if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Hawkshead. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.