My financial adviser has requested my Milford Haven lawyer’ panel reference for the Santander conveyancing panel. How do I find this out. I have e-mailed my local Milford Haven office but they have not got back to me yet.
Have you tried speaking to your Milford Haven property lawyer about this?. Most Milford Haven law practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
My wife and I are getting closer to an exchange on a flat in Milford Haven and my mum and dad have transferred the ten percent deposit to my solicitor. I am now told that as the deposit has been sent from someone other than me my conveyancer needs to disclose this to my bank. I am advised that, in also acting for the lender he must inform them that the balance of the purchase price is coming from anyone other than me. I advised the bank about my parents' contribution when I applied for the home loan, so is it really appropriate for this now to hold matters up?
The conveyancing practitioner is obliged to clarify with lender to make sure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only report this to your lender if you agree, failing which, your lawyer must cease to continue acting.
Why do I have to pay up front when it comes to conveyancing in Milford Haven?
If you are buying a property in Milford Haven your solicitor will request that you to provide them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any down payment is as part of the sale price then this will be needed shortly prior to contracts are exchanged. Any further balance that is needed should be transferred shortly before completion.
I'm buying my first flat in Milford Haven benefiting from help to buy. The developers would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative told me not disclose to my conveyancer about this extras as it will impact my loan with Accord Mortgages Ltd. 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.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Milford Haven is the location of the property. Is there any guidance you can give?
Flying freeholds in Milford Haven are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Milford Haven you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Milford Haven may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
As co-executor for the estate of my uncle I am disposing of a house in Cardiff but reside in Milford Haven. My conveyancer (approximately 250 miles from meneeds me to execute a stat dec prior to the transaction finalising. Can you recommend a conveyancing practitioner in Milford Haven who can attest and place their company stamp on the document?
strictly speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are based in Milford Haven