We are soon to complete on the purchase of a property in Leominster but as a result of wreckage from the recent storms I have was able negotiate reparation from the owner of three thousand pounds taking the form of a adjustment in the price. I had intended this to be dealt with as part of a side agreement however Yorkshire BS will not permit this. Why were they involved?
Any conveyancer that is on a Yorkshire BS approved list is required to disclose to Yorkshire BS of any amendments to the purchase price. If you prohibit your solicitor to report the reduction to Yorkshire BS then they would have to discontinue acting for you. In addition, Yorkshire BS and you would have to appoint a new conveyancer for your conveyancing in Leominster.
I am looking to buy a house and need a conveyancing solicitor in Leominster who is on the Aldermore conveyancing. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Aldermore in certain locations such as Leominster. We dont recommend any particular firm.
We are buying a property and the conveyancer has raised the issue of Chancel Repair for which the house may be liable given it’s proximity to the area of such a church. She has suggested insurance. Is this really required for conveyancing in Leominster
Unless a prior purchase of the property took place after 12 October 2013 you could assume that lawyers conducting conveyancing in Leominster to remain encouraging a chancel search and or insurance against a claim.
Due to the guidance of my in-laws I had a survey completed on a property in Leominster before appointing conveyancers. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some mortgage companies will refuse to grant a mortgage on a flying freehold property.
It varies from the lender to lender. HSBC has different requirements for example to Nationwide. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Leominster. Conveyancing will be smoother if you use a solicitor in Leominster especially if they regularly deal with such properties in Leominster.
We are a fortnight into a freehold purchase having been recommend to conveyancers by the high street agent to perform conveyancing in Leominster. We are not happy. Could you help me find new solicitors?
They would need to be really bad to suggest diss instructing them. Has your loan offer been sent? If so you will need to make them aware of the replacement conveyancer and ensure the mortgage documents are re-sent. Your conveyancer should be on the lenders approved list to avoid escalating costs and frustration. That should be your first question of the new lawyers. Our search tool can assist you in finding a bank approved conveyancer for your home move in Leominster
We are purchasing a four room first floor flatin Leominster with a mortgage from a lender. We have a lawyer in Leominster yet our lender says he's not approved on their "panel". Apparently we need to choose from the our bank panel firms or stay with our Leominster conveyancer and pay for one of their panel ones to represent our mortgage company. We feel as though this is unjust; Can we not simply insist that our bank use our Leominster lawyer?
No, not really. The lender mortgage issued is subject to its terms and conditions, one of which will be that solicitors will on the mortgage company's conveyancing panel. in the past, most mortgage companies had open panels, including most conveyancing solicitors in Leominster : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your solicitors to apply to be on the conveyancing panel for your mortgage company.