I am buying a ground floor flat in East Twickenham. My Conveyancer is not listed on the lender conveyancing list. Can I still continue with my East Twickenham conveyancing solicitor even though they are not on the mortgage company approved list?
Various options include
- Complete the purchase with your chosen East Twickenham lawyer but your mortgage company will undoubtedly use a solicitor on their approved panel. This will result in additional fees together with likely frustration.
- Choose a new solicitor to conduct the conveyancing, ensuring that they are on the mortgage company conveyancing panel.
- Appeal to your property lawyer to seek to join the bank panel
Our nephew is purchasing a house that has just been built in East Twickenham with a mortgage from Barclays. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. This document is news to me - what is it and who needs sight of it?
The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Barclays conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Barclays conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
Why do I have to pay up front when it comes to conveyancing in East Twickenham?
Where you are retaining lawyers for conveyancing in East Twickenham your solicitor will ask you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any deposit is as part of the total price then this will be needed immediately ahead of contracts are exchanged. The final balance that is due should be sent to your lawyer shortly before completion.
Do commercial conveyancing searches reveal impending roadworks that may affect a commercial property in East Twickenham?
Many commercial conveyancing solicitors in East Twickenham will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in East Twickenham. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in East Twickenham.
For each commercial conveyancing transaction in East Twickenham it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can cause delays to East Twickenham commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in East Twickenham.
Due to the encouragement of my in-laws I had a survey completed on a house in East Twickenham ahead of instructing lawyers. I have been told that there is a flying freehold element to the property. My surveyor advised that some banks may refuse to grant a loan on this type of house.
It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in East Twickenham. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm refinancing my primary home to a buy to let loan with HSBC Bank and intend to use the remaining equity towards another house. The location we are interested in is East Twickenham. Will your solicitors be able to act for both sets of mortgage companies and link together the conveyances?
Make use of our search tool on this page to be sure that the lawyers are approved by both banks. Having checked that they are your conveyancer will be able to tie up the two conveyancing matters but you should have a chat with you solicitor and communicate your desired outcome and requirements.