I have just been advised by my estate agent that my Northampton the law firm I have appointed is not on the lender Solicitor panel. What can I do to check?
You need to contact your Northampton lawyer directly. You lawyer should advise you what has happened. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
Are the Northampton conveyancing solicitors identified as being on the Leeds Building Society conveyancing panel, together with their details provided by Leeds Building Society?
Northampton conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
My property lawyer in Northampton is not listed on the Nationwide Building Society Approved Panel. Can I still use my family solicitor even though they are excluded from the Nationwide Building Society panel?
Your options are as follows:
- Carry on with your preferred Northampton lawyers but Nationwide Building Society will need to use a conveyancer on their panel. This will inevitably rack up the total conveyancing charges as well as result in frustration.
- Get an alternative solicitor to act in the purchase, remembering to check they are Nationwide Building Society approved.
- Persuade your Nationwide Building Society solicitor to seek to join the Nationwide Building Society panel
We are getting the release of further funds on our mortgage from TSB as we want to conduct alterations to our house in Northampton. Do we need to choose a local Northampton solicitor on the TSB conveyancing panel to handle the legals?
TSB do not ordinarily require firms on their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the TSB conveyancing panel.
I am expecting a AIP from Nottingham this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Nottingham recommend any Northampton solicitors on the Nottingham conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Northampton solicitors independently although you'll need to choose one on the Nottingham conveyancing panel. The solicitor represents both you and Nottingham through the process.
I'm in the process of looking at apartments in Northampton and I am now considering a potential offer. Is it premature to have a solicitor in place? I intend to finance via a mortgage with Nottingham.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the EA. As you are obtaining a mortgage with Nottingham, ask your prospective lawyers if they are on the Nottingham conveyancing panel otherwise they can't do the mortgage legal work.
I have recentlydiscovered that Stirling Law have been shut down. They conducted my conveyancing in Northampton for a purchase of a leasehold apartment 18 months ago. How can I be sure that my home is not still registered in the name of the previous owner?
The easiest way to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Northampton conveyancing specialists.
I am buying a new build house in Northampton benefiting from help to buy. The developers refused to budge the price so I negotiated 6k of extras instead. The estate agent told me not inform my solicitor about the extras as it would affect my loan 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.