I was advised today by my financial adviser that my Ardleigh Green lawyer is not on the mortgage company Conveyancing panel. What can I do to check?
Your first step should be to call your Ardleigh Green lawyer directly. It is reasonable to expect your lawyer to notify you what has happened. Where they are not on the panel they may be able to suggest a Ardleigh Green conveyancing firm that is on the conveyancing panel for your bank.
Our son-in-law is in the process of securing a new build apartment in Ardleigh Green with a mortgage from RBS. His solicitor has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The form is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the RBS conveyancing panel as a standard part of the process, and to the surveyor when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the RBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We are planning to buy with Melton Mowbray Building Society. We have called around locally yet cant to find a Ardleigh Green conveyancing firm on the Melton Mowbray Building Society panel. Can you help?
Feel free to make use of the find a lender approved solicitor tool on this web page. Please choose the building society and type Ardleigh Green or your preferred area and you will discover a number of lawyer offices in Ardleigh Green or nearest you.
I'm buying a new build house in Ardleigh Green with the aid of help to buy. The developers would not reduce the amount so I negotiated 6k of extras instead. The property agent suggested that I not inform my solicitor about this deal as it will affect my loan with Halifax. 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.
I am looking for a flat up to £235,500 and identified one near me in Ardleigh Green I like with open areas and station in the vicinity, the downside is that it only has 49 years unexpired on the lease. I can't really find anything else in Ardleigh Green suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a home loan the shortness of the lease will likely be an issue. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I have been sourcing a conveyancing lawyer in Ardleigh Green for my home move. Can I see a firm’s complaints history with the legal regulator?
One may read documented Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Visit Check a solicitor's record. For records Pre 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The SRA may monitor telephone calls for training reasons.