I am hoping to receive a mortgage offer from Santander. My intention is to employ the services of a Licensed Conveyancer in Nantyglo. Does the Santander Solicitor panel exclude conveyancers regulated by the CLC?
The Santander conveyancing panel is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
In what way does my ID and proof of funds have anything to do with my conveyancing in Nantyglo? Why is this being asked of me?
You are right in these requests have nothing to do with conveyancing in Nantyglo. Nowadays you can not proceed with any conveyancing process without first submitting evidence of your identity. Ordinarily this takes the form of a either your passport or driving licence plus a bank statement. Remember if you are supplying your driving licence as proof of ID it needs to be both the paper part and photo card part, one is not acceptable in the absence of the other.
Evidence of your origin of money is required under Money Laundering Regulations. Please do not be offended when you are asked to produce this as your conveyancing solicitor will need to retain this information on file. Your Nantyglo conveyancing lawyer will require evidence of proof of funds before they are able to accept any money from you into their client account and they may also ask additional questions regarding the source of funds.
Is there a list of Skipton panel solicitors in Nantyglo on the Council of Mortgage Lender’s Website?
No. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. Very few lenders make their panel listings available on the web. Where you are looking for a Nantyglo lawyer on the Skipton please make the most of our facility.
I had a mortgage agreed in principle with Skipton. Nantyglo conveyancing solicitors are chosen. What is the average time that one could expect to receive a mortgage offer from Skipton?
Some lenders take longer than others. Have Skipton done the valuation? Have you informed Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am due to exchange contracts on my flat. I had a double glazing fitted in July 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, HSBC are being pedantic. The Nantyglo solicitor who is on the HSBC conveyancing panel is saying indemnity insurance will be fine but HSBC are requiring a building regulation certificate. Why do HSBC have a conveyancing panel if they don't accept advice from them?
It is probably the case that HSBC have referred the matter to their valuer. The reason why HSBC may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
How does conveyancing in Nantyglo differ for newly converted properties?
Most buyers of new build premises in Nantyglo contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Nantyglo usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Nantyglo or who has acted in the same development.
I decided to have a survey carried out on a house in Nantyglo in advance of appointing conveyancers. I have been advised that there is a flying freehold overhang to the house. Our surveyor has said that some banks may refuse to grant a loan on a flying freehold house.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. Should you wish to call us we can investigate further with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Nantyglo. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Nantyglo to see if the conveyancing will be more expensive.
What makes your site different to alternative web based conveyancing brokers when it comes to conveyancing in Nantyglo?
At this site obtain a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Nantyglo. As opposed to estate agents and many comparison sites we are not in the business of charging firms a fee if you instruct them for your conveyancing in Nantyglo