Do I need to visit the offices of the solicitor to execute the legal charge? If so, I will choose one who does conveyancing in Winchester so that I can pop in to their offices if necessary.
As opposed to 15 years ago, the vast majority mortgage companies no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide identification documents and there are still manifest benefits to using a locally based solicitor, in your case a conveyancing solicitor in Winchester.
I am being advised by my solicitor that missing deeds insurance is required on my purchase. What is the level of cover for Winchester conveyancing?
The appropriate level of missing deeds indemnity insurance should be dictated by who your lender. It would differ for example between Yorkshire Building Society and Bank of Scotland. Conveyancing lawyers as opposed to members of the public take out such insurances.
Completion of my remortgage has taken place for my property in Winchester. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Most banks and building societies have complaints procedures. Your first point of contact 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. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I have instructed a Winchester conveyancer having checked that they are on the Leeds Building Society conveyancing panel. Does my lawyer arrange the survey of the property?
Leeds Building Society will need an independent valuation of the property. Your lawyer will not arrange this. Usually Leeds Building Society will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Winchester surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
What does a local search tell me about the house I am purchasing in Winchester?
Winchester conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company such as Searches UK The local search plays a central part in most Winchester conveyancing purchase; as long as you don’t want any nasty surprises after you move into your new home. The search should provide information on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic sections.
I'm purchasing a new build house in Winchester benefiting from help to buy. The builders would not reduce the price so I negotiated £7000 of fixtures and fittings instead. The estate agent told me not reveal to my conveyancer about the extras as it will adversely affect my mortgage with the bank. 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 am looking for a conveyancing lawyer in Winchester for my home move. Is there any facility to see a solicitor's record with the profession’s regulator?
Members of the public may find published Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. For information Pre 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The SRA sometimes recorded call for training requirements.
What can I do to establish who is the owner of a house in Winchester?
As long as the premises is registered with HMLR, and you have sufficient specifics of the location of the property, you will be able to view details from the the Land Registry of the registered proprietor for a for less than a fiver.