Is the fact that my solicitor in Gosport is not identified on my lender's solicitor panel that there is a problem with the quality of her work?
That would more than likely be a wrong assumption to make. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator revealed 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should contact the Gosport conveyancing practice and enquire why they are no longer on the approved list for your bank.
We see that you have a post code search directory listing firms on the Co-operative conveyancing panel. Do firms pay you a referral fee if I instruct them for our own conveyancing in Gosport?
We are a listing service only for law firms wishing to communicate if they are on the Co-operative conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Gosport.
Is it necessary to pay for insurance to cover chancel repairs when buying a property in Gosport?
Unless a previous purchase of the premises completed after 12 October 2013 you may take it that lawyers carrying out conveyancing in Gosport to remain recommending a chancel search and or chancel repair liability insurance.
I'm buying a new build house in Gosport with a mortgage from TSB. The developers refused to budge the price so I negotiated £7000 of additionals instead. The sale representative advised me not to tell my lawyer about this extras as it may put at risk my mortgage with TSB. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Hoping to buy a property located in Gosport and I am already nervous. I couldn't find anything specific about Gosport. Conveyancing will be needed in due course but do you know about the Gosport area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Gosport. In the meantime here are some basic statistics that we found
Am in the process of buying my 1st home in Gosport. Conveyancing lawyer has been chosen. The mortgage adviser suggested that a survey is not appropriate as the house was only constructed in 2001.
As the bare minimum you need a Home Buyer's Report. Given the property is more than 10 years old the property will be without a warranty, so you would be well advised not to take a risk. For a property that age with no signs of problems a Home Buyer's report could be enough. The report should highlight any obvious issues and recommend further investigation where appropriate. Where there are any signs of problems get a comprehensive Building Survey from the beginning.