We are about to exchange contracts for a ground floor flat in Dockland Settlement. We encountered a snag. Our loan offer with Bank of Scotland expires on 2/6/2025 but the vendors are insisting on a completion date of 4/6/2025. Is it possible to prolong the loan offer?
The best person to address this question is your solicitors who is in a position to determine if they corresponding with the mortgage company, owner’s lawyers, estate agents or possibly all three based on the history of your conveyancing as of today.
It is 10 years ago since I bought my property in Dockland Settlement. Conveyancing lawyers have recently been instructed on the sale but I am unable to locate the deeds. Is this a problem?
You need not be too concerned. Firstly there is a chance that the deeds will be kept by the mortgage company or they could be in the possession of the conveyancers who acted in your purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors obtaining up to date copy of the land registers. Almost all conveyancing in Dockland Settlement relates to registered property but in the unlikely event that your home is unregistered it is more tricky but is resolvable.
My lawyer in Dockland Settlement is not on the Bank of Ireland Solicitor Panel. Is it possible for me to use my family solicitor notwithstanding that they are excluded from the Bank of Ireland approved list?
Your options are as follows:
- Carry on with your preferred Dockland Settlement lawyers but Bank of Ireland will need to instruct a solicitor on their panel. This will result in additional overall conveyancing fees and cause delays.
- Get an alternative practitioner to to deal with the conveyancing, obviously checking they are Convince your solicitor to use their best endeavours to join the Bank of Ireland conveyancing panel
A friend informed me that in buying a property in Dockland Settlement there could be various restrictions preventing external alterations to a property. Is this right?
There are anumerous of properties in Dockland Settlement which have some sort of restriction or requirement of consent to carry out external variations. Part of the conveyancing in Dockland Settlement should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We previously chose conveyancers based in Dockland Settlement on the Coventry BS solicitor approved list. They are now charging me a further amount for handling the Coventry BS mortgage. Is this an additional conveyancing fee set by Coventry BS?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your solicitor is entitled to charge a fee for this. The charge is not set by Coventry BS but by your Dockland Settlement conveyancer. Plenty of firms on the Coventry BS panel will quote an ‘acting for lender’ fee but some firms incorporate it on their overall fee.
My offer was accepted on a property in Dockland Settlement on 10/2/2025, valuation was booked five days after, all came back fine. Conveyancer retained, so all that was missing was my mortgage offer. Having made daily calls to HSBC and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the HSBC conveyancing panel. Are HSBC entitled to hold back the Mortgage pending the lawyer being on the approved list?
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
I'm purchasing my first flat in Dockland Settlement with a mortgage from Bank of Scotland. The developers refused to reduce the amount so I negotiated five thousand pounds worth of additionals instead. The property agent advised me not reveal to my conveyancer about the deal as it could adversely affect 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.
Am I best advised to go with a Dockland Settlement conveyancing practitioner in close proximity to the house I am purchasing? We have a good friend who can carry out the legal formalities however her office is 300kilometers drive away.
The benefit of a local Dockland Settlement conveyancing practice is that you can pop in to execute documents, deliver your identification documents and pester them where appropriate. They will also have local knowledge which is a plus. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and the majority were content that must surpass using an unfamiliar Dockland Settlement conveyancing lawyer just because they are Dockland Settlement based.