Me and my partner are hoping to acquire a 3 bedroom apartment in Morden with a mortgage. We would like to retain our Morden conveyancer, but the bank advise she’s not on their "panel". It seems we have no option but to use one of the bank panel firms or continue with our Morden conveyancing practitioner and pay for one of their panel firms to represent them. This feels very unfair; is there anything we can do?
Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose 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 Morden conveyancing solicitor to apply to be on the conveyancing panel.
Can I use your services to locate a Conveyancing solicitor in Morden even if I’m not buying or disposing of a house, for example if I wish to acquire a shop in Morden with a loan from TSB?
The service is primarily there to locate residential conveyancing solicitors in Morden but we have listed at the bottom of this page a few Morden commercial conveyancing firms. You will need to make contact with the company directly to check if they are also authorised to represent TSB
I understand that there are debates on Chancel Insurance on online forums. Am I compelled to take this when purchasing a residence in Morden? or Apparently there is historic law that means some homeowners living in a parish church boundary will be compelled to contribute towards repairs towards the chancel in proximity to the church. Is this suitable for conveyancing in Morden?
Unless a prior purchase of the property completed after 12 October 2013 you may expect conveyancing practitioners handling conveyancing in Morden to remain encouraging a chancel search and or chancel repair liability policy.
I'm buying my first flat in Morden with a mortgage from National Westminster Bank. The builders would not move on the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not to tell my lawyer about the extras as it would affect my mortgage with the bank. Should I keep quiet?.
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.
I am looking into buying my first house which is in Morden and I am already nervous. I couldn't find anything specific about Morden. Conveyancing will be needed in due course but do you know about the Morden area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Morden. In the meantime here are some basic statistics that we found
Is it the case that all Morden law firms on every bank conveyancing panel?
You can use our search tool or you can pop into your local bank branch in Morden. the probability is that they will know some good conveyancing solicitors in Morden