We are planning to acquire a house and need a conveyancing solicitor in Nunhead who is on the RBS conveyancing panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for RBS . We don't recommend any particular firms conducting conveyancing in Nunhead.
I am buying a property in Nunhead. A rare aspect is that the roof has a solar panel. Kent Reliance have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Kent Reliance your lawyer must check the conveyancing requirements outlined in Part 2 of UK Finance Lenders’ Handbook for Kent Reliance. The CML Handbook stipulates minimum specifications for solar panel roof-space leases, and property lawyers are required to report to Kent Reliance where a lease does not comply with these specifications. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Nunhead.
I can not fathom if my mortgage offer requires a lease extension. I have called my Nunhead bank branch on a couple of occasions and was told it does not affect the mortgage offer and they would lend. My Nunhead conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they refuse to lend based on their published requirements. I have no idea who is right.
The conveyancing practitioner has to comply with the Council of Mortgage Lenders’ Handbook section two requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
After much negotiation I have agreed a price on an apartment in Nunhead. My mortgage broker pressured me to appoint their lawyer. I paid an upfront payment of £150. A couple of days later, the conveyancer called me embarrassingly acknowledging that they were not on the Virgin Money conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Virgin Money panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I'm buying a new build house in Nunhead with a loan from Chelsea Building Society. The builders would not budge the amount so I negotiated 6k of additionals instead. The sale representative suggested that I not disclose to my lawyer about the side-deal as it could impact my loan with Chelsea Building Society. 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 completed on a property in Nunhead before retaining solicitors. I have been told that there is a flying freehold element to the house. The surveyor has said that some lenders may not issue a mortgage on such a premises.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Birmingham Midshires. If you contact us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Nunhead. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Nunhead to see if the conveyancing will be more expensive.
I'm remortgaging my current house to a buy to let mortgage with Godiva Mortgages Ltd and intend to use the remaining equity towards a second house. The area we are interested in is Nunhead. Will your lawyers be able to act for the two lenders and link together the conveyances?
Do use our comparison tool on this page to check that the lawyers are approved by both mortgage companies. On the basis that they are the solicitor should be able to tie up the two transactions but you should talk with you solicitor and communicate your expectations and requirements.
I acquired a property in Nunhead last 20/1/2020 and to date it is still not registered with HMLR. It was part of a new estate and my lawyer told me that it may take twelve months to register. I have called the Land Registry directly and they say that the initial application was cancelled due to failure to reply to requisitions. Should I be concerned?
It is your solicitor that you should contact in order to satisfy any questions which have arisen as part of the registration process for your Nunhead property. Normal Nunhead conveyancing practice includes an undertaking on the part of the vendor’s property lawyer that they will assist in resolving any question raised by HMLR so it may be a case of taking action to enforce that undertaking in some way.