We note that you have a search directory listing law firms on the HSBC conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Charing Cross?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Charing Cross.
We are hoping to buy a 1 bedroom flat in Charing Cross with a residential mortgage from Coventry Building Society.We would like to retain our Charing Cross conveyancing solicitor but Coventry Building Society informed us she’s not on their "panel". We have to appoint a Coventry Building Society panel firm or keep our local solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; is there anything we can do?
No, not really. The mortgage issued to you is subject to its various provisions, one of which will be that solicitors needs to be on the Coventry Building Society approved list. in the past, most banks had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for Coventry Building Society
My colleague suggested that where I am purchasing in Charing Cross I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes included in the estimate for your Charing Cross conveyancing searches. It is not a small document of about 40 pages, listing and setting out important information about Charing Cross around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Charing Cross Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Charing Cross Education with maps and statistics, Local Amenities and other useful information about Charing Cross.
I'm buying a new build house in Charing Cross with a loan from The Royal Bank of Scotland. The sellers would not move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The property agent advised me not to tell my solicitor about this side-deal as it could jeopardize my mortgage with the lender. Do I keep my lawyer in the dark?.
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.
Due to the input of my in-laws I had a survey completed on a property in Charing Cross in advance of appointing lawyers. I have been informed that there is a flying freehold aspect to the house. My surveyor advised that some banks will refuse to grant a mortgage on a flying freehold property.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. Should you wish to call us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Charing Cross. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Charing Cross to see if the conveyancing will be more expensive.
A conveyancing firm acted on my conveyancing in Charing Cross half a dozen years ago having stored my registration certificates but has since been shut down – how do I retreive these?
Title deeds, as such, no longer exist as the majority of properties in Charing Cross are archived digitally at Land Registry. If you need to establish ownership or are disposing of or re-mortgaging your property lawyer should obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.