I am not in a position to travel far from Winterbourne. Please explain the reason why all Winterbourne conveyancers aren't included on all lender panels?
Even though it may seem unfair for lenders to restrict who can represent them, from the public’s or conveyancer’s point of view, the flip side is that banks are increasingly anxious and consider it vital to protect them from illegal activities. As a result of this concern lenders have reduced their panel of approved conveyancing lawyers to a manageable size.
We are a couple about to exchange contracts for a ground floor flat in Winterbourne. We have hit a stumbling block. The mortgage offer with Accord Mortgages Ltd runs out on 8/10/2025 but the vendors are putting forward a completion date of 10/10/2025. Is it possible to extend the mortgage offer?
The best person to address this issue is your solicitors who is in a position to calculate whether they better off negotiating with the mortgage company, vendor’s solicitors, estate agents or conceivably all parties based on the history of your house move to date.
Do the Building Society Association intend to launch a searchable register to list law firms on the Norwich and Peterborough Building Society conveyancing panel for instance in Winterbourne?
We have not been informed any plans on the part of the BSA to promote such a register.
Are there restrictive covenants that are commonly identified as part of conveyancing in Winterbourne?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Winterbourne. 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'm buying a new build house in Winterbourne with a mortgage from Barnsley Building Society. The sellers would not reduce the price so I negotiated 6k of additionals instead. The property agent suggested that I not to tell my solicitor about this deal as it will adversely affect my loan with the lender. 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.
My husband and I are novice buyers - agreed a price, but the property agent informed us that the vendor will only move forward if we use their chosen solicitors as they want a ‘quick sale’. Our preferred option is to instruct a high street conveyancer with experience of conveyancing in Winterbourne
It is improbable the vendors are driving this. Should the owner desire ‘a quick sale', alienating a genuine buyer is counter productive. Bypass the agents and go straight to the sellers and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you intend to appoint your preferred Winterbourne conveyancing firm - rather thanthe ones that will earn the estate agent a kickback or hit his conveyancing figures set by senior management.