I am buying a property in Higham Wood. An unusual aspect is that the roof has a solar panel. Kent Reliance have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Kent Reliance your lawyer must follow the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for Kent Reliance. The CML Handbook includes minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to Kent Reliance where a lease does not satisfy these provisions. The conditions relate to the installation of panels on properties nationwide and is not restricted to Higham Wood.
I have paid off my mortgage with Co-operative. I assume I don't need a Higham Wood conveyancer on the Co-operative panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Co-operative mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Co-operative mortgage from the register. Co-operative, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
Planning on purchasing a house in Higham Wood. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Skipton conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Higham Wood conveyancing practitioner is on the Skipton conveyancing panel.
Despite weeks of looking the Title Certificate and documents to our home can not be found. The lawyers who handled the conveyancing in Higham Wood 4 years ago are no longer around. What are my options?
In today’s world there are copies made of almost everything, and your conveyancer should know precisely where to find all the appropriate paperwork so you can buy or dispose of your property without any difficulty. If duplicates can’t be found, your conveyancer may be able to put in place insurance or indemnities protecting you against possible claims on your premises.
I'm purchasing my first flat in Higham Wood with a mortgage from The Mortgage Works. The developers would not budge the price so I negotiated five thousand pounds worth of additionals instead. The sale representative told me not reveal to my solicitor about this side-deal as it could impact my mortgage with the bank. Do I keep my lawyer in the dark?.
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 was recommended by two or three local property agents in Higham Wood to get a quote from a solicitor on your site. Is there a financial inducement for Estate Agents to offer your lawyers rather than alternative conveyancing organisations?
We refuse to give any commission for sending work to this site. We found it would be just too difficult a fee as a client could 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.
Am I best advised to go with a Higham Wood conveyancing practitioner in close proximity to the house I am hoping to buy? We have a good friend who can handle the conveyancing however her office is 400kilometers away.
The primary upside of using a local Higham Wood conveyancing practice is that you can visit the firm to sign documents, deliver your identification documents and apply pressure on them if necessary. They will also have local insight which is a bonus. That being said nothing is more important than finding someone that will do a good and efficient job. If other friends have used your friend and on the whole were impressed that must trump using an unfamiliar Higham Wood conveyancing lawyer just because they are local.
Are all Higham Wood solicitors on every bank conveyancing panel?
You can use our search tool or you can pop into your high street bank branch in Higham Wood. the probability is that they can recommend conveyancing solicitors in Higham Wood