We are looking to buy a house and need a conveyancing solicitor in Preston Park who is on the Coventry BS solicitor panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Preston Park.
we are a couple who are buying a newbuild apartment in Preston Park with a loan from Yorkshire Building Society.We like our Preston Park conveyancing practitioner but Yorkshire Building Society advised that his firm is not listed on their "panel". It seems we have no choice but to instruct a Yorkshire Building Society panel lawyer or keep our preferred solicitor and fork out for a Yorkshire Building Society panel lawyer to represent them. We feel as though this is unjust; Can we not simply insist that Yorkshire Building Society use our lawyer?
Unfortunately,no. The mortgage issued to you is subject to its various provisions, a common one being that lawyers must be on the Yorkshire Building Society approved list. Until recently, most mortgage companies had large numbers of solicitors on their panels: a borrower could choose 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 lawyer to apply to be on the conveyancing panel for Yorkshire Building Society
I require quick conveyancing in Preston Park as I am under pressure to exchange contracts within one month. A mortgage is not required. Can I decline from having conveyancing searches to save money and time?
As you are are a cash buyer you are at liberty not to do searches although no solicitor would advise that you don't. Drawing on years of experience of conveyancing in Preston Park the following are examples of issues that can arise and adversely impact the marketability of the property: Enforcement Notices, Overdue Fees, Overdue Grants, Railway Schemes,...
I am buying my first flat in Preston Park benefiting from help to buy. The builders would not budge the price so I negotiated £7000 of additionals instead. The property agent told me not inform my lawyer about the side-deal as it would jeopardize my mortgage with the bank. Is this normal?.
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'm remortgaging my existing house to a buy to let mortgage with Platform Home Loans Ltd and I will use the rest of the raised equity as a deposit on another property. The neighborhood we are looking at is Preston Park. Will your conveyancers be able to act for the two banks and tie in the transactions?
Make use of our comparison tool on this site to ensure that the solicitors are on the relevant lender panels. Assuming that they are the solicitor will be able to simultaneously deal with the two conveyancing matters but you should have a chat with you conveyancer and specify your expectations and requirements.
My partner and I hope to purchase our first home in Preston Park. Conveyancing solicitor already instructed. The mortgage adviser advised that a survey is not appropriate as the property is only 17 years old.
The bare minimum you need a Home Buyer's Report. As the premises was constructed more than a decade ago the property will not come with a warranty, so you don't want to take a risk. Where a property of this age shows no signs of problems a Home Buyer's report may be enough. The report should highlight any obvious problems and suggest further investigation if appropriate. If there are any signs of material issues seek a full Building Survey from the beginning.