We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Is the implication that I have to appoint their panel conveyancer as I would much rather appoint a St Leonards On Sea based conveyancing firm?
Do check but the the likelihood is that appoint one of their panel solicitors where you take up the "fee-free" deal. Speak to the lender and ask if they allow a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case that money can go towards your preferred conveyancing solicitor in St Leonards On Sea.
We had chosen conveyancers with offices in St Leonards On Sea on the Coventry BS solicitor panel. They are now charging me a further amount for the legal aspects of the Coventry BS mortgage. Is this a supplemental conveyancing fee specified by Coventry BS?
Provided it is contained in their Terms and Conditions or Quote then yes your property lawyer is entitled to charge a fee for this. The fee is not set by Coventry BS but by your St Leonards On Sea lawyer. Plenty of firms on the Coventry BS panel will charge an ‘acting for lender’ fee and others do not.
HSBC have agreed my mortgage in principle, my bid on a house in St Leonards On Sea has been accepted, now what?
The estate agent will wish to be informed of your conveyancer's details (make sure the conveyancers are on the bank’s approved list). Call up HSBC or the broker and complete any appropriate paperwork. HSBC will appoint a valuer who will get in touch with the estate agent or owners to book an appointment. Once conducted (assuming no problems) it takes approximately a week to get a mortgage offer. HSBC will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in St Leonards On Sea.
Our sealed bid on a semi in St Leonards On Sea has been agreed to, but there is a chain. The vendors have placed an offer on on an apartment, but it’s not yet tied up, and are looking at other apartments in the pipeline. I have instructed a high street conveyancing solicitor in St Leonards On Sea. What do I do now? At what point should I apply for the mortgage with Skipton?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket too early (mortgage application is approx one thousand pounds, then survey, St Leonards On Sea conveyancing search fees, etc). The first thing to do is check that your solicitor is on the Skipton conveyancing panel. As to the subsequent phase this very much depends on the circumstances of your case, attraction to the property and on the state of the market. In a rising market some home buyers would apply for the mortgage with Skipton and arrange for the valuation and only if it was satisfactory would they pay their solicitor to move forward with searches.
My partner and I are selling our home in St Leonards On Sea and the buyers lawyers are claiming that there is a possibility that the property was constructed on contaminated land. Any local conveyancer would know this is not the case. For the life of me I don't know why the buyers are using an online conveyancing practice rather than a conveyancing solicitor in St Leonards On Sea. Having lived in St Leonards On Sea for 4 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing firm currently acting for you. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
I am buying a new build house in St Leonards On Sea with a loan from Barclays Direct. The developers refused to move on the amount so I negotiated £7000 of additionals instead. The property agent advised me not inform my solicitor about this side-deal as it will put at risk my mortgage 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.
In my capacity as executor for the will of my father I am disposing of a house in Monmouth but live in St Leonards On Sea. My solicitor (who is 260 kilometers from mehas requested that I sign a stat dec before the transaction finalising. Can you recommend a conveyancing practitioner in St Leonards On Sea who can attest this legal document for me?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are located in St Leonards On Sea
Our lenders have just issued us with a mortgage offer. We appointed a local conveyancer in St Leonards On Sea yesterday. A couple of hours ago, our mortgage adviser called to say that the mortgage company said that we cannot use our solicitor as they aren't on their panel. As FTB's, we had no idea that the lender had a say Is this usual?
You are permitted to select any conveyencer you wish to use including the said conveyancer in St Leonards On Sea however if your bank aren't happy with them you will have to pay an extra fee so the mortgage company can retain their own conveyancer too. On occasion it is possible your solicitor may apply to get added to the bank panel. You can use internet search facilities such as lenderpanel.com to find a conveyancing solcitor in St Leonards On Sea on the bank panel. You can go into your high street bank branch in St Leonards On Sea. They can recommend conveyancing solicitors in St Leonards On Sea on the panel for your bank.