Can your site be used to recommend a Conveyancing solicitor in Frant even where I’m not buying or disposing of a house, for instance where I wish to buy a shop in Frant with a mortgage from HSBC Bank?
The service is mainly there to get a quote from residential conveyancing solicitors in Frant but we have listed towards the bottom of this page some Frant commercial conveyancing firms. You should make contact with the firm directly to establish if they can also act for HSBC Bank
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Frant. My lender is The Mortgage Works
The Mortgage Works have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 21/12/2024, the requirements read as follows :
Please help - my lawyer advises that absentee landlord insurance is necessary on my purchase. What is the level of cover for Frant conveyancing?
The right level of absentee landlord indemnity insurance depends on who your lender is. It would differ for example between Barclays and The Royal Bank of Scotland. Conveyancing practitioners as opposed to borrowers take out such policies.
Is it correct that all Frant CQS (Conveyancing Quality Scheme) solicitors are on the Coventry BS conveyancing list of approved solicitors?
A selection of banks and building societies now use CQS as the starting point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their panels.
I am selling my flat. I had a double glazing fitted in November 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Nottingham are being problematic. The Frant solicitor who is on the Nottingham conveyancing panel is saying indemnity insurance will be fine but Nottingham are requiring a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham 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.
I am buying my first flat in Frant with the aid of help to buy. The sellers would not reduce the amount so I negotiated 6k of extras instead. The house builders rep told me not disclose to my solicitor about this extras as it could impact my mortgage with Birmingham Midshires. 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 have been on the look out for a leasehold apartment up to £245,000 and found one near me in Frant I like with a park and station nearby, however it only has 51 years on the lease. I can't really find anything else in Frant for this price, so just wondered if I would be making a grave error buying a short lease?
Should you require a home loan the remaining unexpired lease term will likely be problematic. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this matter.
I was pointed in your direction by a few estate agents in Frant to locate a conveyancer using your seach tool. What’s the financial inducement for Estate Agents to recommend your services ahead of a competitor’s?
We don’t offer any financial incentive for pointing buyers and sellers our way. We found it would be just too difficult to pay a commission because members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.