The Baildon conveyancing firm handling our Baildon conveyancing has identified a discrepancy between the assumptions in the home valuation survey and what is in the conveyancing documents. My lawyer informs me that he is obliged to check that the lender is OK with this discrepancy and is content to go ahead. Is my lawyer’s stance correct?
Your conveyancing practitioner 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.
We are planning to acquire a house and need a conveyancing solicitor in Baildon who is on the RBS approved panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for RBS . We don't recommend any particular firms conducting conveyancing in Baildon.
We are due to move property in February. Will my conveyancing solicitor update the removal company on the day of completion. Incidentally, can you put forward a removal company in Baildon. Conveyancing solicitor was chosen before I stumbled across your website.
On the afternoon of completion you can pick up the keys from your estate agent however this should only occur when the previous owners solicitors confirm to the agent that they have the completion monies and the keys can be handed over. Subsequently you will need to inform the removal men that you are ready to move in. We do not recommend a particular removal organisation but can assist you in locating a residential property solicitor in Baildon or a lawyer with expertise in conveyancing in Baildon.
We are getting a further advance on our mortgage from Principality as we want to conduct improvements to our property in Baildon. Are we obliged to choose a local Baildon solicitor on the Principality conveyancing panel to handle the paperwork?
Principality don't usually require a member of their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Principality list.
I recently had an offer accepted on a house in Baildon. My financial adviser suggested a solicitor. I paid an on account payment of £225. Shortly after, the conveyancer contacted me embarrassingly acknowledging that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
We are purchasing a property and the conveyancer has identified Chancel Repair for which the property could be liable given it’s proximity to the area of such a church. He has suggested insurance. Is this strictly necessary for conveyancing in Baildon
Unless a prior acquisition of the property took place after 12 October 2013 you could take it that lawyers carrying out conveyancing in Baildon to continue to recommend a chancel search and or chancel repair liability policy.
I'm buying my first flat in Baildon with the aid of help to buy. The developers would not reduce the amount so I negotiated £7000 of additionals instead. The property agent suggested that I not reveal to my solicitor about this side-deal as it could impact my mortgage 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.
I'm remortgaging my existing home to a buy to let loan with Bank of Ireland and intend to use the remaining equity towards further property. The location we are looking at is Baildon. Will your lawyers be able to act for the two banks and tie in the two deals?
Make use of our search tool on this site to check that the solicitors are approved by both lenders. Assuming that they are the lawyer should be able to tie up the two deals but you should talk with you lawyer and make clear your expectations and needs.