IfI was to acquire a simple residential homein Crook mortgage fee and dispense with a survey and no conveyancing searches how much would I expect to to save on my conveyancing in Crook?
The only saving you would achieve is the Crook conveyancing searches. The solicitor still got to do everything else - money laundering, correspond with your sellers lawyer, SDLT submission, register the property etc. A slight saving might be made by not having to register a charge however it will not be significant.
Are the Crook conveyancing solicitors identified as being on the Yorkshire BS conveyancing panel, together with their details provided by Yorkshire BS?
Crook conveyancing firms themselves provide us confirmation that they are on the Yorkshire BS conveyancing panel as opposed to being supplied with a list from Yorkshire BS directly.
My Conveyancer in Crook is not on the Platform Home Loans Ltd Solicitor Panel. Is it possible for me to continue with my prefered solicitor notwithstanding that they are not on the Platform Home Loans Ltd list of approved lawyers?
Your options are as follows:
- Complete the purchase with your existing Crook lawyers but Platform Home Loans Ltd will need to instruct a conveyancer on their panel. This will result in additional total conveyancing fees as well as result in delays.
- Choose an alternative lawyer to act in the purchase, not forgetting to check they are Platform Home Loans Ltd approved.
- Try to convince your Platform Home Loans Ltd based solicitor to seek to join the Platform Home Loans Ltd panel
When it comes to mortgage companies such as Principality, do Crook conveyancing practitioners incur an annual charge to be on the conveyancing panel?
We are unaware of any bank fees to be on their list of approved firms, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
Is there a list of TSB panel conveyancers in Crook on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such directory service on the CML or Building Society Association websites. A small selection of mortgage companies make their panel listings viewable over the internet. If you are looking for a Crook conveyancing practitioner on the TSB please use our facility.
I am selling my apartment. I had a double glazing fitted in February 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Yorkshire BS are being difficult. The Crook solicitor who is on the Yorkshire BS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Yorkshire BS are requiring a building regulation certificate. Why do Yorkshire BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Yorkshire BS have referred the matter to their valuer. The reason why Yorkshire BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Various web forums that I have frequented warn that are the main cause of stalling in Crook house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released findings of research by MoveWithUs that conveyancing searches do not feature amongst the common causes of delays in the conveyancing process. Local searches are not likely to feature in any slowing down conveyancing in Crook.
I'm purchasing my first flat in Crook benefiting from help to buy. The developers would not move on the price so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not disclose to my lawyer about this side-deal as it would affect my mortgage with the lender. 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.