My wife and I are purchasing a newly built apartment in Crewe and my conveyancer is informing me that she is duty bound to the bank to reveal incentives from the builder. I am on a tight deadline to sign contracts and I don't want to delay matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
How up to date is your database of Crewe solicitors on the Clydesdale conveyancing panel? Do Clydesdale send you an updated list?
Crewe conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.
When it comes to mortgage companies such as Clydesdale, do Crewe property lawyers incur a yearly amount to be on the list of approved solicitors?
We are unaware of any bank fees to register on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel application.
Is there a list of Santander panel solicitors in Crewe on the UK Finance Lenders’ Handbook Website?
No. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. A small selection of mortgage companies make their panel listings visible online. Where you are looking for a Crewe property lawyer on the Santander please use our facility.
I recently had an offer accepted on a house in Crewe. My mortgage broker recommended their conveyancers. I paid an upfront payment of £175. A couple of days later, the solicitor called me to say that they were not on the Kent Reliance 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 Kent Reliance 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.
five months have gone by since my purchase conveyancing in Crewe concluded. I have checked the Land Registry site which shows that I paid £150,000 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 residence 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.
Am I better off to appoint a Crewe conveyancing lawyer in close proximity to the house I am buying? I have an old university friend who can handle the legal work but they are based a couple of hundredmiles drive away.
The primary upside of using a local Crewe conveyancing practice is that you can pop in to sign documents, deliver your ID and pester them where appropriate. They will also have local insight which is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and they were happy that must trump using an unknown Crewe conveyancing lawyer solely due to them being Crewe based.
Is it true that a Crewe conveyancing company taken to court by a client for failing to conduct comprehensive conveyancing searches?
We are not aware of such a Crewe conveyancing claim but according to a recent report, clients acquiring a home elsewhere in England successfully won a case against their conveyancer due to development plans to construct a wind farm failing to be identified in conveyancing searches.
Where you are buying in Crewe It is critical that your solicitor purchase all Crewe conveyancing searches needed to ensure you have accurate and current information ahead of purchasing a home in Crewe.