we are a couple who are buying a purpose built flat in Parkwood Springs with a residential mortgage from Alliance & Leicester .We use our Parkwood Springs conveyancing lawyer but Alliance & Leicester says he's not on their approved list of member firms. We have to appoint a Alliance & Leicester panel firm or retain our preferred solicitor and fork out for a Alliance & Leicester panel lawyer to represent them. This seems very unfair; Can we not simply insist that Alliance & Leicester use our lawyer?
Unfortunately,no. The home loan offered to you contains terms and conditions, one of which will be that solicitors must be on the Alliance & Leicester conveyancing panel. in the past, most lenders had large numbers of law firms on their panels: a borrower could find 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 solicitors to apply to be on the conveyancing panel for Alliance & Leicester
Do I need to pay for insurance to protect me from financial exposure to chancel repairs when buying a property in Parkwood Springs?
Unless a previous purchase of the house completed after 12 October 2013 you could expect lawyers carrying out conveyancing in Parkwood Springs to remain encouraging a chancel search and or insurance against a claim.
I purchased a terraced Georgian house in Parkwood Springs. Conveyancing solicitor represented me and Chelsea Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Parkwood Springs and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with the conveyancing solicitor who completed the work.
I am buying my first flat in Parkwood Springs with the aid of help to buy. The developers refused to move on the amount so I negotiated 6k of additionals instead. The house builders rep advised me not inform my conveyancer about this extras as it may affect my mortgage with Skipton Building Society. 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.
My business partner and I are intending to take an assignment of a lease of a shop on the high street. Can you recommend lawyers offering no-move-no costs for non-domestic conveyancing in Parkwood Springs for below 1500k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Parkwood Springs, including the disposal and acquisition of businesses as well as simply premises. Whether you are hoping to buy or dispose of a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right firm. As for the fees this will depend on the structure and heads of terms of the deal. Please provide us with your details or email so as to enable us to furnish you with a fixed commercial conveyancing quote.
We are a fortnight into a residential purchase having been referred to conveyancers by the selling agent to do our conveyancing in Parkwood Springs. I am am very dissatisfied with the quality of service. Could you help me find new lawyers?
They would need to be very poor to suggest replacing them. Has the loan offer been issued? In the event that it has you will need to advise them of the replacement lawyer and get the loan are re-sent. Your conveyancer should be on the lenders panel to avoid supplemental fees and frustration. That should be your first question of the new solicitors. Our find a solicitor tool will assist you in finding a lender approved conveyancer for your home move in Parkwood Springs