I can't travel far from Bordon. What is the rationale as to why all Bordon conveyancing practitioners are not on all mortgage company panels?
Banks point to the fact that solicitor-led fraud is thought to be responsible for millions of pounds of fraud every year.The removal of law firms from lender panels started with the rise in mortgage fraud, which prompted a thematic review by the Financial Services Authority in 2011. Its conclusions included recommendations for lenders to review their conveyancing panels, which triggered a major policy change in the sector. It resulted in lenders removing less reputable firms off their panel of approved conveyancers .
What is your number one tip for choosing a conveyancing solicitor in Bordon
It would be unwise to be tempted by the lowest Bordon conveyancing fees. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
The formalities of my remortgage has taken place for my property in Bordon. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
My offer was accepted on a property in Bordon on 14/2/2025, valuation was booked 4 days later, received a clean bill of health. Conveyancer appointed, so all that was missing was my mortgage offer. Having made daily calls to Barclays and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Barclays conveyancing panel. Can the lender hold off the offer?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Barclays to deal with your lawyer's application to be on the Barclays conveyancing panel. There's no guarantee that your solicitor will be accepted.
Various internet forums that I have frequented warn that are the primary reason for obstruction in Bordon house deals. Is this right?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances in the conveyancing process. Local searches are unlikely to be the root cause of slowing down conveyancing in Bordon.
I'm purchasing my first flat in Bordon benefiting from help to buy. The builders refused to reduce the price so I negotiated 6k of additionals instead. The sale representative suggested that I not reveal to my solicitor about the deal as it may put at risk my loan with the bank. 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.
In my capacity as executor for the will of my grandfather I am disposing of a property in Newport but I am based in Bordon. My solicitor (approximately 260 kilometers awayneeds me to execute a statutory declaration before completion. Could you suggest a conveyancing lawyer in Bordon who can attest this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are Bordon based
I am in need of some leasehold conveyancing in Bordon. Before diving in I require certainty as to the unexpired term of the lease.
If the lease is registered - and almost all are in Bordon - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Bordon Leasehold Conveyancing - Examples of Queries Prior to buying
-
Plenty Bordon leasehold apartments will be liable to pay a service charge for the upkeep of the building set on behalf of the landlord. Should you buy the flat you will have to meet this contribution, usually periodically accross the year. This may be anything from two or three hundred pounds to thousands of pounds for blocks with lifts and large communal grounds. There will also be a rentcharge for you to pay yearly, normally this is not a large figure, say approximately £25-£75 but you should to check it because on occasion it could be prohibitively expensive. What restrictions exist in the Bordon Lease? Be sure to investigate if there is anything that is prohibited in the lease. For instance some leases prohibit pets being allowed in in a block in Bordon. If you like the apartmentin Bordon yet your cat can’t live with you then you will be faced difficult determination.