Me and my partner are acquiring residence in Bembridge. My Conveyancer is not on the mortgage company conveyancing panel. Am I still permitted to use my Bembridge conveyancing solicitor even though they are not on the mortgage company list of approved lawyers?
You have a couple of choices open to you here
- Carry on with your existing Bembridge solicitor but your lender will undoubtedly use a lawyer from their approved panel. The net result is additional cost and likely delay.
- Get a new solicitor to conduct the conveyancing, making sure they are on the mortgage company conveyancing panel.
- Appeal to your conveyancer to seek to join the lender panel
We note that you have a post code search directory listing solicitors on the Nationwide conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Bembridge?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bembridge.
We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Does this mean I have to use their panel lawyer as I would prefer to use a Bembridge based conveyancing firm?
You should check but the the probability is that appoint one of their panel lawyers if you accept the "fee-free" offer. Call the lender to check if they allow a monetary alternative. Some banks have previously offered a £250 cashback as a further option in which case you could put that amount towards the cost for your conveyancing solicitor in Bembridge.
A relative advised me that in purchasing a property in Bembridge there could be a number of restrictions preventing external changes to a property. Is this right?
We are aware of a number of properties in Bembridge which have some sort of restriction or requirement of consent to external alterations. Part of the conveyancing in Bembridge should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
How can we know in advance if a Bembridge conveyancing solicitor on the Lloyds panel is any good?
When it comes to conveyancing in Bembridge seeking recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the solicitor conducting your conveyancing.
I am selling my flat. I had a double glazing fitted in September 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Skipton are being problematic. The Bembridge solicitor who is on the Skipton conveyancing panel is saying indemnity insurance will be fine but Skipton are requiring a building regulation certificate. Why do Skipton have a conveyancing panel if they don't accept advice from them?
It is probably the case that Skipton have referred the matter to their valuer. The reason why Skipton may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
What can a local search inform me regarding the house I am buying in Bembridge?
Bembridge conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search organisations for instance Xpress Legal The local search plays an important part in many a Bembridge conveyancing purchase; that is if you don’t want any nasty once you have moved into your property. The search will provide data 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 subject sections.
I decided to have a survey done on a house in Bembridge ahead of appointing lawyers. I have been advised that there is a flying freehold overhang to the property. The surveyor advised that some mortgage companies will not give a loan on a flying freehold home.
It varies from the lender to lender. Santander has different instructions from Birmingham Midshires. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Bembridge. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Bembridge to see if the conveyancing will be more expensive.