Much to our surprise we have been advised by our IFA that my Peterborough solicitor is not on the lender Solicitor panel. What can I do to be sure whether this is correct?
Your first step should be to contact your Peterborough conveyancer. It is reasonable to expect your lawyer to advise you what has happened. Where they are not on the panel they may recommend you to a Peterborough conveyancing practice that is on the approved list of lawyers for your lender.
Completed the sale of my flat in Peterborough last September yet the purchaser is whats apping every few hours to say his solicitor needs to hear from myconveyancer. What should my lawyer have done now that I have sold?
Following your house sale your conveyancer should send the transfer documentation and all of the paperwork to the purchaser's solicitors. If applicable, your conveyancer should also evidence that the legal charge in favour of the lender has been repaid to the purchasers solicitors. There are no post completion formalities just for conveyancing in Peterborough.
Is there a search tool that I can use to find out if the solicitor handling my conveyancing in Peterborough is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Platform Home Loans Ltd thus paying £192.00 in additional legal bill.
Feel free to make use of the search tool on this web page. Please choose the lender and type ‘Peterborough’ or your preferred area and you will discover numerous solicitors located in Peterborough or nearest you.
We are getting a further advance on our mortgage from Aldermore as we wish to carry out a loft conversion to our property in Peterborough. Do we need to appoint a local Peterborough solicitor on the Aldermore conveyancing panel to handle the legals?
Aldermore don't usually require firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Aldermore list.
My partner and I are in the process of viewing flats in Peterborough and I am now considering a potential offer. Is it wise to have a lawyer on ‘stand by’? I intend to finance via a home loan with Barclays.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. As you are obtaining a mortgage with Barclays, ask your prospective lawyers if they are on the Barclays conveyancing panel otherwise they can't do the mortgage legal work.
I am due to exchange contracts on my apartment. I had a double glazing fitted in March 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Leeds Building Society are being pedantic. The Peterborough solicitor who is on the Leeds Building Society conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Leeds Building Society are insisting on a building regulation certificate. Why do Leeds Building Society have a conveyancing panel if they don't accept advice from them?
It is probably the case that Leeds Building Society have referred the matter to their valuer. The reason why Leeds Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I am buying my first flat in Peterborough with a mortgage from TSB. The developers refused to reduce the amount so I negotiated 6k of fixtures and fittings instead. The estate agent told me not inform my solicitor about the deal as it could impact my loan with TSB. 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 need to instruct a conveyancing lawyer in Peterborough for my home move. Is it possible to check a firm’s record with the legal regulator?
One can find published Solicitor Regulator Association (SRA) decisions stemming from inquisitions from 2008 onwards. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The SRA may recorded telephone calls for training requirements.