My IFA has asked me for my Pinner law firm’s panel member for the HSBC conveyancing panel. Can you suggest how I obtain this. I have e-mailed my local Pinner branch but they have not got back to me yet.
Have you tried speaking to your Pinner solicitor about this?. Most Pinner law firms will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
What is the best way to investigate if the solicitor handling my conveyancing in Pinner is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for HSBC Bank thus spending £192.00 in additional conveyancing fees.
Please do make use of the find a conveyancing panel solicitor tool on this page. Pick the lender and type ‘Pinner’ or your location and you will be presented with a number of lawyer offices in Pinner or nearest you.
Are there restrictive covenants that are commonly identified as part of conveyancing in Pinner?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Pinner. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am purchasing a new build house in Pinner benefiting from help to buy. The builders refused to move on the amount so I negotiated 6k of additionals instead. The estate agent advised me not inform my solicitor about this deal as it may jeopardize my loan with the bank. 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 am looking for a ground for flat up to £305k and found one near me in Pinner I like with open areas and station nearby, the downside is that it's only got 61 years on the lease. I can't really find anything else in Pinner in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage the shortness of the lease may be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
We are midway through buying a house in Pinner. Conveyancing lawyer has phoned to say the property is "Leasehold". Should this impact our lender’s valuation?
Pinner conveyancing does not ordinarily involve leasehold houses. The key factor here is the length of lease and the ground rent. If it's 999 years with a nominal rent, it's essentially freehold, so it shouldn't impact the value significantly.
On the flip side, if it's, say, 50 years it is bound to have a adverse impact on the saleability, and most likely wouldn't be acceptable to the bank. The length of lease and ground rent will be specified in the lease provided to your solicitor.