How do I find out if the solicitor handling my conveyancing in Hove is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Nationwide Building Society thus paying £187.00 plus VAT in additional legal invoice.
You should take advantage of the search tool on this site. Please choose the lender and type ‘Hove’ or your preferred area and you will be presented with a number of lawyer located in Hove or by proximity to you.
Please help - my lawyer says that flying freehold insurance is needed on my purchase. What is the level of cover for Hove conveyancing?
The right level of flying freehold indemnity insurance should be dictated by who who your lender is. It would differ for example between National Westminster Bank and Chelsea Building Society. Conveyancing solicitors as opposed to borrowers take out such insurances.
Are all Hove Conveyancing Quality Solicitors on the Co-operative conveyancing panel?
A selection of banks and building societies now utilise the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitors wishing to remain on their approved list of conveyancing solicitors.
We had instructed conveyancing lawyers located in Hove on the Nottingham solicitor panel. They have just billed me a further charge for dealing with the Nottingham mortgage. Is this a supplemental conveyancing fee set by Nottingham?
Provided it is contained in their Terms of Engagement or estimate then yes your lawyer can levy a fee for this. The fee is not dictated by Nottingham but by your Hove lawyer. Numerous firms on the Nottingham panel will charge an ‘acting for lender’ fee but some practices include it on their overall fee.
I require quick conveyancing in Hove as I have a deadline to exchange contracts within 4 weeks. Thankfully I do not require a mortgage. Can I decline from having conveyancing searches to save fees and time?
If.Given you are not getting a mortgage you have the choice not to have searches conducted although no solicitor would suggest that you don't. Drawing on years of experience of conveyancing in Hove the following are examples of what can arise and adversely affect the marketability of the property: Refused Planning Applications, Overdue Fees, Overdue Grants, Road Schemes,...
I am buying a new build house in Hove with the aid of help to buy. The developers refused to budge the amount so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent told me not to tell my solicitor about the extras as it may impact my mortgage with the bank. Do I keep my lawyer in the dark?.
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.
Is it possible to swap solicitor as I need to instruct one who is on the Clydesdale conveyancing panel. I instructed a local conveyancing solicitor in Hove round the corner but the firm is not accepted by Clydesdale
We will our best to assist in finding you a conveyancing solicitor in Hove on the Clydesdale panel. Please note that the conveyancers that we list do not pay us fee if you instruct them and are under regulation of the SRA who regulate all conveyancing solicitors in Hove. Using search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Hove.
My solicitors in Hove have advised me that no longer have my conveyancing file. To assist with my purchase I took out a mortgage with the lender. Is it case that being on the lender conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the mortgage company Conveyancing Panel Terms. It might be worth you contacting the lender directly.