My mortgage broker requires my Navenby solicitor’s panel member for the HSBC conveyancing panel. What is the best way to find this out. I have contacted my local Navenby office but they don't know it.
You are best placed to get this information from your Navenby conveyancer . Most Navenby law practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
My partner and I have lately acquired a property in Navenby. We have since encountered a number of issues with the property which we believe were omitted in the conveyancing searches. Is there anything we can do? Can you clarify the type of searches that needed to have been carried out for conveyancing in Navenby?
The question is not clear as to the nature of the problems and if they are specific to conveyancing in Navenby. Conveyancing searches and due diligence initiated during the legal transfer of property are designed to help avoid problems. As part of the process, the vendor completes a questionnaire referred to as a Seller’s Property Information Form. If the information provided is inaccurate, you could possibly take legal action against the vendor for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Navenby.
Finally the sale completed on my house in Navenby last December yet the purchaser is e-mailing daily to moan that their solicitor needs to hear from mine. What should my lawyer have done now that I have sold?
Following your sale your conveyancer is duty bound to send the transfer documentation and all additional paperwork to the purchaser's lawyers. Where appropriate, your solicitor must also confirm that the legal charge in favour of the lender has been discharged to the buyers solicitors. There are no post completion formalities specific conveyancing in Navenby.
My lawyer in Navenby is not on the Chelsea Building Society Solicitor Panel. Can I still continue with my family solicitor notwithstanding that they are excluded from the Chelsea Building Society approved list?
Your options are as follows:
- Carry on with your preferred Navenby lawyers but Chelsea Building Society will need to retain a lawyer on their list of acceptable firms. This will inevitably rack up the total conveyancing fees and result in frustration.
- Find a new practitioner to to deal with the purchase, obviously checking they are Chelsea Building Society approved.
- Try to convince your Chelsea Building Society solicitor to attempt to join the Chelsea Building Society panel
I am purchasing my first flat in Navenby benefiting from help to buy. The sellers would not reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative advised me not reveal to my lawyer about this extras as it would impact my loan with the bank. Is this normal?.
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.
Due to the input of my in-laws I had a survey completed on a house in Navenby ahead of instructing lawyers. I have been told that there is a flying freehold aspect to the house. Our surveyor has said that some mortgage companies may not issue a mortgage on a flying freehold house.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. If you e-mail us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Navenby. Conveyancing will be smoother if you use a solicitor in Navenby especially if they are acquainted with such properties in Navenby.