I am acquiring a maisonette in Bookham. My Solicitor is not on the lender approved list. Is it possible for me to continue with my Bookham conveyancing solicitor notwithstanding that they are not on the mortgage company approved list?
You have numerous options available to you here
- Complete the deal with your chosen Bookham property lawyer but your mortgage company will no doubt use a solicitor on their approved panel. The net result is additional charges together with potential interruption.
- Appoint a fresh conveyancing practitioner to conduct the conveyancing, obviously checking they are on the bank conveyancing panel.
- Convince your lawyer to apply to join the lender panel
Do lenders provide you with an approved list of Bookham conveyancing solicitors? How do you know who is on the RBS conveyancing panel?
Bookham conveyancing firms themselves provide us confirmation that they are on the RBS conveyancing panel as opposed to being supplied with a list from RBS directly.
I am purchasing a property and require a conveyancing solicitor in Bookham who is on the The Royal Bank of Scotland approved. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for The Royal Bank of Scotland in certain locations such as Bookham. We dont recommend any particular firm.
We have agreed to purchase a house in Bookham. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender HSBC be concerned?
Given that you are obtaining a mortgage with HSBC your lawyer must check the conveyancing instructions contained in Section 2 of UK Finance Lenders’ Handbook for HSBC. The CML Handbook contains minimum specifications for solar panel roof-space leases, and property lawyers are required to report to HSBC where a lease does not satisfy these requirements. The specifications relate to the installation of panels on properties countrywide and is not restricted to Bookham.
Nottingham have agreed my home loan in principle, my offer on a apartment in Bookham has been agreed to, what are the next steps?
The property agent will need to know who your solicitors are (make sure the lawyers are on the lender’s panel). Telephone Nottingham or the financial adviser and finalise any appropriate forms. Nottingham will appoint a valuer who will get in contact with the selling agent or owners to book an appointment. Once carried out (assuming no problems) it takes about ten days to get a mortgage offer. Nottingham will issue the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Bookham.
Our sealed bid on a semi in Bookham has been agreed to, the sellers do nevertheless have a connected purchase. The owners have offered on a property, however it’s not been accepted yet, and are looking at other apartments in the pipeline. I have chosen a local conveyancing solicitor in Bookham. What should be my next step? At what point do I apply for the mortgage with UBS?
It is normal to have anxieties where there is a chain as you are unlikely to want to incur expenses prematurely (mortgage application is in the region of £1k, then valuation, Bookham conveyancing search costs, etc). First, you must check that your conveyancer is on the UBS approved list. Concerning the subsequent phase this very much depends on the uniqueness of your case, motivation for this property and on the state of the market. During a hot market some buyers will apply for a home loan with UBS and arrange for the valuation and only if it comes back ok would they ask their property lawyer to press on with searches.
Do I need to pay for insurance to address the risk of chancel repairs when purchasing a house in Bookham?
Unless a prior purchase of the house completed after 12 October 2013 you can assume that conveyancing practitioners delivering conveyancing in Bookham to continue to suggest a chancel search and or chancel repair liability policy.
What does commercial conveyancing in Bookham cover?
Commercial conveyancing in Bookham incorporates a broad range of services, given by qualified solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.