Am I correct in assuming that the fact that my solicitor in Honiton is not listed on my mortgage company's conveyancing panel that there is a problem with the quality of her work?
It would not be wise to jump to that conclusion. There are plenty of plausible explanations. Just recently a report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Honiton conveyancing practice and enquire why they are no longer on the approved list for your mortgage company.
I am helping my mother sell her house in Honiton. Will the conveyancer order an energy assessment or it is for the owner to see to?
Following the abolition of HIPs, energy assessments remained a required part of selling a property. An energy performance certificate should be to hand before the property is advertised. This is not a task that solicitors ordinarily organise. If you are using a Honiton conveyancing solicitor they may be willing to arrange EPC’s given their contacts with long established Honiton energy assessors
Completion of my remortgage has taken place for my property in Honiton. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. In most cases complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
Aldermore have agreed my home loan in principle, my bid on a house in Honiton has been agreed to, what happens next?
Your estate agent will need to know who your solicitors are (make sure the solicitors are on the bank’s approved list). Contact Aldermore or the broker and finalise any appropriate paperwork. Aldermore will instruct a valuer who will get in contact with the estate agent or owners to schedule a time for the valuation to occur. Once conducted (assuming no problems) it takes on average a fortnight for the mortgage offer to be issued. Aldermore will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Honiton.
What does a local search inform me concerning the property I am buying in Honiton?
Honiton conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search company for example Searches UK The local search plays an important part in most Honiton conveyancing purchase; as long as you wish to avoid any nasty once you have moved into your property. The search will provide data on, amongst other things, details on planning applications applicable to the premises (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 thirteen subject headings.
I'm purchasing my first flat in Honiton with a mortgage from Clydesdale. The developers refused to move on the price so I negotiated £7000 of additionals instead. The estate agent told me not to tell my lawyer about the deal as it could impact my mortgage with the lender. Do I keep my lawyer in the dark?.
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 decided to have a survey done on a house in Honiton in advance of appointing conveyancers. I have been told that there is a flying freehold element to the house. Our surveyor advised that some lenders may not issue a loan on this type of property.
It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. If you call us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Honiton. Conveyancing will be smoother if you use a solicitor in Honiton especially if they are acquainted with such properties in Honiton.
In surfing the internet for the term conveyancing in Honiton it shows results of many property lawyersin the vicinity. How do I determine which is the right conveyancing solicitor for my move?
The ideal way of choosing a suitable conveyancer is via personal testimonial, so seek the guidance of colleagues and family who have acquired a property in Honiton or a reputable estate agent or mortgage broker. Fees for conveyancing in Honiton differ, so it's advisable to secure at least three costs illustrations from different solicitors. Dont forget to clarify what costs in the quote includes.