I was notified yesterday by my financial adviser that my Peterborough property lawyer is not on the mortgage company Solicitor panel. What can I do to check?
You need to call your Peterborough lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. Where they are not on the panel they could put your in touch with solicitors on the conveyancing panel for your bank.
Completed the sale of my flat in Peterborough last September yet the purchaser is texting me complaining that her solicitor needs to hear from mine. What should my lawyer have done following completion?
After completion of your sale your lawyer should send the transfer documentation and all additional paperwork to the purchaser's solicitors. Depending on the transaction, your solicitor should also confirm that the home loan has been paid off to the buyers solicitors. There is unlikely to be post completion procedures unique to conveyancing in Peterborough.
How do I investigate if the solicitor carrying out my conveyancing in Peterborough is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Barnsley Building Society thus spending £187.00 plus VAT in additional legal charges.
Feel free to make the most of the find a conveyancing panel solicitor tool on this site. Pick the mortgage company and type ‘Peterborough’ or your location and you will see a number of lawyer offices in Peterborough or near you.
My partner and I have arranged the release of further monies on our mortgage from TSB as we intend to carry out improvements to our property in Peterborough. Do we need to select a bricks and mortar Peterborough solicitor on the TSB conveyancing panel to handle the paperwork?
TSB would not normally instruct firms on their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the TSB conveyancing panel.
My wife and I are in the throws of viewing flats in Peterborough and I am about to put in an offer. Is it premature to have a solicitor in place? I intend to finance via a mortgage with Aldermore.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the estate agent. Given that you are seeking a mortgage with Aldermore, make sure you remember to check that your lawyer is on the Aldermore conveyancing panel.
I am due to exchange contracts on my house. I had a double glazing fitted in August 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Santander are being pedantic. The Peterborough solicitor who is on the Santander conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Santander are requiring a building regulation certificate. Why do Santander have a conveyancing panel if they don't accept advice from them?
It is probably the case that Santander have referred the matter to their valuer. The reason why Santander 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.
I am purchasing my first flat in Peterborough with a mortgage from The Royal Bank of Scotland. The sellers would not reduce the price so I negotiated £7000 of extras instead. The estate agent told me not reveal to my lawyer about the extras as it would jeopardize 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 am thinking of appointing a conveyancing lawyer in Peterborough for my home move. Is it possible to check a firm’s complaints history with the legal regulator?
Anyone may review presented Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Visit Check a solicitor's record. To find records Pre 2008, or to check a firm's record, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, call +44 (0)121 329 6800. The SRA may recorded telephone calls for training reasons.