Can your site be used to locate a Conveyancing solicitor in Radford even if I’m not buying or disposing of a house, for example if I want to acquire an office in Radford with a mortgage from Coventry Building Society?
The service is primarily utilised to find domestic conveyancing solicitors in Radford but we have set out towards the end of this page a few Radford commercial conveyancing firms. You should make contact with the solicitors directly to establish if they are also authorised to represent Coventry Building Society
Is it the case that all Radford conveyancing solicitors on the Nottingham conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Nottingham conveyancing panel they would need to be regulated by the SRA. The majority of mortgage companies do permit licenced conveyancers on their panel in which case such organisation would be governed by the Council of Licensed Conveyancers.
The formalities of my purchase has taken place for my property in Radford. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. We understand that complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
It is unclear whether my bank requires a lease extension. I have called my Radford bank branch on various occasions and was told they are content with the situation and they would lend. My Radford conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they will not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. I simply don't know who is right.
As long as the property lawyer is on the bank panel, she or he must comply with the Council of Mortgage Lenders’ Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I am purchasing a new build house in Radford with the aid of help to buy. The builders would not budge the amount so I negotiated 6k of additionals instead. The house builders rep suggested that I not reveal to my conveyancer about this side-deal as it would affect my mortgage with the bank. Is this normal?.
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.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a quick, chain free conveyancing. Radford is the location of the property. Is there any advice you can impart?
Flying freeholds in Radford are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Radford you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Radford 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 premises.
How do I use the search tool to select a conveyancing lawyer in Radford on the approved list for my lender?
Step one is to choose a lender such as HSBC Bank, Chelsea Building Society or TSB then type in your preferred area for instance Radford. Conveyancing firms in Radford and across England and Wales will then be identified.
Is it the case that all Radford law firms on every bank conveyancing panel?
The Lexsure search tool on this page may be of use or you can drop into your high street bank branch in Radford. the probability is that they will be in a position to list some approved conveyancing solicitors in Radford