I had intended to instruct a conveyancing solicitor in Broadclyst for our home move. Our broker has since notified us that our mortgage lenders Barclays won't deal with them. Why is this not regarded as unduly restrictive?
A bank can direct that a panel conveyancer act for it. You would be liable to meet the cost of this. Do use our database to get a quote from a solicitor to carry conveyancing in Broadclyst on the Barclays approved list of solicitors.
I am currently in the process of buying my council flat in Broadclyst. I have a mortgage offer with Leeds Building Society. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Leeds Building Society, you will need to appoint a solicitor on the Leeds Building Society conveyancing panel.
The formalities of my purchase has taken place for my property in Broadclyst. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Most banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that 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.
I can not fathom if my bank requires a lease extension. I have called into my local Broadclyst building society branch on numerous occasions and was told it does not impact the mortgage offer and they will lend. My Broadclyst conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
The property lawyer has to comply with the Council of Mortgage Lenders’ Handbook Part 2 specifications for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
It has been five months following my purchase conveyancing in Broadclyst completed. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How do I identify a Broadclyst law firm on the Nottingham Building Society conveyancing panel? I have a car and am prepared to travel upto 20kilometers to meet the solicitor.
Feel free to make use of the search on this website. Please choose the mortgage company and your location and you will see a number of Broadclyst conveyancing lawyers locally. We have detailed some Broadclyst conveyancing firms at the bottom of this page and you can telephone them to see if they are on the Nottingham Building Society approved list
As co-executor for the will of my uncle I am disposing of a residence in Swansea but reside in Broadclyst. My lawyer (based 300 miles from mehas requested that I execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing solicitor in Broadclyst to witness and place their company stamp on the document?
Technically speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are Broadclyst based
I am about to exchange buying a property in Broadclyst but as a result of damage from the recent storms I have negotiated compensation from the current proprietors of £3k by way of a reduction in the price. This was going to be addressed as part of the conveyancing process but my mortgage company will not agree to this. Should they have been informed?
Any conveyancer being on the bank conveyancing panel is duty bound to disclose to the mortgage company of any variations to the purchase price. If you were to refuse your solicitor to disclose the price change to your mortgage company then they would have to discontinue representing you and the mortgage company.