My mortgage broker says he needs my Dukinfield law firm’s panel reference for the Santander conveyancing panel. Can you suggest how I discover this. I have called my local Dukinfield branch but they have not got back to me yet.
Have you tried calling your Dukinfield lawyer about this?. Most Dukinfield law practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
My husband and I are acquiring a newly constructed apartment in Dukinfield and my conveyancer is advising me that she has to the bank to disclose incentives from the builder. I am on a tight deadline to sign contracts and I don't want to prolong matters. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I am buying a new build flat in Dukinfield. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Dukinfield you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Dukinfield.
I am selling our property in Dukinfield and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the buyers instructed a web based conveyancing practice as opposed to a conveyancing solicitor in Dukinfield. We have lived in Dukinfield for many years we know that this is a non issue. Is it a good idea to contact our local Authority to seek confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I am purchasing my first flat in Dukinfield benefiting from help to buy. The sellers would not reduce the price so I negotiated 6k of fixtures and fittings instead. The house builders rep told me not to tell my lawyer about the extras as it will affect my mortgage with the lender. Is this normal?.
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.
I decided to have a survey carried out on a property in Dukinfield ahead of appointing conveyancers. I have been told that there is a flying freehold element to the house. My surveyor advised that some banks tend refuse to issue a mortgage on this type of home.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Dukinfield. Conveyancing will be smoother if you use a solicitor in Dukinfield especially if they are acquainted with such properties in Dukinfield.