My partner and I are acquiring our first home. The lawyer has texted usto ask if we want to take out supplemental conveyancing searches. Unfortunately we in the dark as to what's appropriate for conveyancing in Brading
The range of Brading conveyancing searches should be triggered based entirely on the premises, the location, the possibility of any of these risks, your knowledge of the region and risks, your overall appetite to risk. What matters is that you adequately understand what information the searches could supply. You may then make a decision if you personally think you need that information. If uncertain, ask your conveyancing practitioner to advise.
How up to date is your database of Brading solicitors on the Barclays conveyancing panel? Do Barclays send you an updated list?
Brading conveyancing firms themselves provide us confirmation that they are on the Barclays conveyancing panel as opposed to being supplied with a list from Barclays directly.
My grandfather passed away last year and as sole heir and executor I was left the property in Brading. The house had a relatively small loan left on it of around £8000. I want to have the title changed into my name whilst I re-mortgage to Nationwide, pay off the mortgage. Is this possible?
Given you plan to re-mortgage then Nationwide will insist on your using a conveyancer on the Nationwide conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Nationwide conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Nationwide mortgage is registered as a charge at the Land Registry.
We have agreed to purchase a house in Brading. One unusual aspect is that the roof has a solar panel. Clydesdale have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Clydesdale your lawyer must comply with the conveyancing instructions outlined in Section 2 of UK Finance Lenders’ Handbook for Clydesdale. The Council of Mortgage Lenders’ Handbook sets out minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to Clydesdale where a lease fails to meet these requirements. The requirements relate to the installation of panels on properties nationwide and is not isolated to Brading.
After months of negotiation I have agreed a price on a house in Brading. My financial adviser pressured me to appoint their property lawyer. I paid an upfront payment of £150. Shortly after, the lawyer contacted me to say that they were not on the Coventry BS 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 Coventry BS 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.
I had an offer accepted on a property in Brading on 31/12/2024, valuation was booked 4 days after, received a clean bill of health. Conveyancer retained, so the only thing outstanding was my mortgage offer. Having made daily calls to Co-operative and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Co-operative conveyancing panel. Are Co-operative entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Co-operative to deal with your lawyer's application to be on the Co-operative conveyancing panel. There's no guarantee that your solicitor will be accepted.
I'm buying my first flat in Brading with a mortgage from HSBC Bank. The builders would not move on the amount so I negotiated £7000 of extras instead. The house builders rep advised me not to tell my solicitor about this extras as it could adversely affect my loan with HSBC Bank. Should I keep quiet?.
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.
Is it possible to switch solicitor as I have to find one who is on the Platform Home Loans Ltd conveyancing list. I hired a local conveyancing solicitor in Brading five minutes from me but the firm is not accepted by Platform Home Loans Ltd
We will our best to assist in finding you a conveyancing solicitor in Brading on the Platform Home Loans Ltd panel. Please note that the solicitors that we on the directory do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Brading. In making use of search facility on this page, you can contrast fees for conveyancing solicitors in Brading and beyond.