I am purchasing an apartment in Didsbury. My Solicitor is not listed on the bank solicitor panel. Is it possible for me to retain my Didsbury conveyancing solicitor even though they are excluded from the mortgage company list of approved lawyers?
Various options include
- Proceed with your existing Didsbury conveyancing practitioner but your bank will no doubt appoint a conveyancing practitioner from their conveyancing panel. The net result is additional cost together with likely delay.
- Get a fresh conveyancer to conduct the conveyancing, obviously checking they are on the mortgage company conveyancing panel.
- Convince your conveyancer to do everything possible to get listed on the mortgage company conveyancing panel
I purchased a renovated Victorian house in Didsbury. Conveyancing solicitor acted for me and Nottingham Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the exact same address. I'd like to know for sure, how can I find out??
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Didsbury and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with your conveyancing solicitor who carried out the work.
I am purchasing a new build house in Didsbury with a mortgage from Nationwide Building Society. The builders would not move on the amount so I negotiated 6k of extras instead. The house builders rep suggested that I not disclose to my conveyancer about the extras as it would affect my loan 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.
Due to the input of my in-laws I had a survey completed on a property in Didsbury ahead of appointing lawyers. I have been told that there is a flying freehold aspect to the property. The surveyor advised that some lenders will not grant a loan on a flying freehold home.
It depends who your proposed lender is. Bank of Scotland has different requirements from Nationwide. If you e-mail us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Didsbury. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Didsbury to see if the conveyancing will be more expensive.
My business partner and I are looking to lease a unit on the high street. Can you recommend lawyers offering fixed costs for non-domestic conveyancing in Didsbury for below £2000?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Didsbury, including the disposal and acquisition of businesses as well as simply premises. Whether you are looking to buy or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will find you the right solicitor. Regarding the charges this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or telephone us so that we can provide you with a fixed commercial conveyancing quote.
Me and my husband are looking at buying our first property in Didsbury. Can you refer me to a good Didsbury lawyer that can help us as well as act for Aldermore?
LenderPanel.com is restricted to being a directory service for conveyancing practitioners who want to be listed as being on the approved conveyancing panel for Aldermore in certain areas for example Didsbury . Our intention is not to recommend any particular conveyancing practitioner.