My solicitor has discovered a defect with the lease for the flat we are buying in Heywood. The other side have put forward defective title insurance as a workaround. We are content with insurance and will cover the costs. Our conveyancing practitioner has advised that he must be satisfied that the mortgage company is happy with this solution. Who is the client here, us or the lender?
Notwithstanding that you have a mortgage offer from the bank does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the mortgage company are the client. The appropriate lender conditions must be adhered to.
Can I use your services to recommend a Conveyancing solicitor in Heywood even if I’m not purchasing or disposing of a house, for example where I want to buy a shop in Heywood with a mortgage from Godiva Mortgages Ltd?
Our search tool is primarily used to help choose domestic conveyancing solicitors in Heywood but we have recorded towards the bottom of this page some Heywood commercial conveyancing firms. You will need to speak with the firm directly to check if they are also authorised to represent Godiva Mortgages Ltd
I'm purchasing a new build house in Heywood with the aid of help to buy. The builders refused to budge the price so I negotiated 6k of fixtures and fittings instead. The estate agent told me not to tell my conveyancer about this extras as it will put at risk my mortgage with TSB. 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.
Taking into account that I will soon spend £400,000 on a two bedroom apartment in Heywood I would like to talk to a lawyer concerning theconveyancing in advance of appointing the firm. Is this something that you can arrange?
We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer due to be doing your property ownership legalities in Heywood.There is no ‘factory style conveyancing’ - each client is unique individual, not a matter reference. The law firms that we put you in touch with believe that the figure you are provided with for residential conveyancing in Heywood should be the amount on the final invoice that you are charged.
We are 14 days into a residential purchase having been directed to solicitors by the estate agent to do our conveyancing in Heywood. I am am extremely dissatisfied with the quality of service. Could you you assist me in finding new lawyers?
A lawyer would need to be very poor in order to consider changing them. Has your loan offer been issued? In the event that it has you must make them aware of the new contact details and get the mortgage documents are issued to the new lawyers. Your new conveyancer should be on the lenders panel to avoid escalating fees and complications. So that should be your starting point. The find a solicitor tool can assist you in finding a lender approved lawyer for your home move in Heywood
Why am I unable to complete my conveyancing in Heywood on May bank holiday?
This is due to the fact that on completion the funds needs to be transferred electronically between the banks of the purchaser and seller's solicitor and currently this can only happen on a business day. It is not possible to complete on a weekend either.