The Skewen conveyancing firm handling our Skewen conveyancing has identified a difference between the information in the home valuation survey and what is in the legal papers for the property. My lawyer says that he is duty bound to ensure that the bank is OK with this discrepancy and is still content to lend. Is my solicitor’s stance correct?
Your solicitor must comply with the UK Finance Lenders’ Handbook conditions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Can I use your services to locate a Conveyancing solicitor in Skewen even where I’m not buying or disposing of a house, for example where I intend to buy an office in Skewen with a mortgage from Bank of Ireland?
Our comparison service is predominantly utilised to locate domestic conveyancing solicitors in Skewen but we have recorded at the bottom of this page a few Skewen commercial conveyancing firms. You will need to make contact with the company directly to see if they are also authorised to represent Bank of Ireland
The formalities of my remortgage has taken place for my property in Skewen. Conveyancing was a necessary evil but I would like to complain about the lender. How does one go about formally complaining?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I am selling my house. I had a double glazing fitted in May 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Co-operative are being pedantic. The Skewen solicitor who is on the Co-operative conveyancing panel is recommending indemnity insurance as a solution but Co-operative are insisting on a building regulation certificate. Why do Co-operative have a conveyancing panel if they don't accept advice from them?
It is probably the case that Co-operative have referred the matter to their valuer. The reason why Co-operative 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.
Barclays have agreed my mortgage in principle, my bid on a apartment in Skewen has been agreed to, now what?
The property agent will wish to know who your solicitors are (ensure that the solicitors are on the lender’s approved list). Contact Barclays or the broker and finish off any appropriate paperwork. Barclays will sellect a valuer who will get in contact with the estate agent or seller to schedule a slot for the valuation to occur. Once conducted (assuming no problems) it takes on average ten days to get a mortgage offer. Barclays will issue the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Skewen.
I'm buying a new build house in Skewen with the aid of help to buy. The developers would not budge the amount so I negotiated £7000 of fixtures and fittings instead. The house builders rep told me not reveal to my conveyancer about the deal as it could adversely affect my mortgage with the bank. Is this normal?.
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.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Skewen is where the house is located. Is there any guidance you can impart?
Flying freeholds in Skewen are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Skewen you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Skewen may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I previously advised by my mortgage company that their panel lawyers operate no sale no fee basis for conveyancing in Skewen. I had a purchase abort nevertheless the solicitors want search fees! They say the fees are seperate!
By offering "no sale no fee" Skewen conveyancing lawyers are waiving their fees for any work conducted. We should point out that this does not constitute an insurance scheme. Disbursements aren’t covered – where the solicitor have to pay money out to third parties, for example Skewen local search fees