Do all mortgage companies provide you with an approved list of Romsey conveyancing solicitors? How do you know who is on the Coventry BS conveyancing panel?
Romsey conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
I am assisting my step-mother sell her flat in Romsey. Will the conveyancing solicitor order the energy assessment or should I organise this?
After the demise of HIPs, EPC’s became a required component of moving house. An energy performance certificate needs to be to hand in advance of the property being placed on the market. It is not a task that solicitors normally arrange. Where you are instructing a Romsey conveyancing practitioner they may be willing to arrange energy performance certificates due to their relationships with long established local providers
I currently have a mortgage with Aldermore for my property in Romsey. Conveyancing was finalised 12 months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Aldermore?
Aldermore must be informed of your intention before renting your property as this is likely to be a breach of Aldermore’s mortgage conditions. It may be that Aldermore will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Aldermore directly. It should not be necessary to do this via a Aldermore conveyancing panel lawyer.
The formalities of my purchase has taken place for my property in Romsey. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Almost all lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I am buying my first flat in Romsey benefiting from help to buy. The sellers refused to move on the amount so I negotiated 6k of extras instead. The property agent suggested that I not disclose to my lawyer about this side-deal as it will affect my loan with Nottingham Building Society. Should I keep quiet?.
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 decided to have a survey done on a property in Romsey before appointing solicitors. I have been advised that there is a flying freehold overhang to the house. The surveyor has said that some mortgage companies will refuse to give a loan on this type of premises.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. Should you wish to telephone us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Romsey. Conveyancing may be slightly more expensive based on your lender's requirements.
What tools are available to locate a Romsey solicitor on the Lloyds TSB Bank conveyancing panel? I am a keen cyclist and am prepared to travel upto 20kilometers to meet the lawyer.
Feel free to make use of the search on this website. Please pick a lender and your location and you will see a number of Romsey conveyancing lawyers locally. We have detailed some Romsey conveyancing firms at the bottom of this page and you can call them to check whether they are on the Lloyds TSB Bank approved list
I need to find a conveyancing solicitor for purchase conveyancing in Romsey. I have discover a site which looks to be the ideal offering If there is a chance to get all formalities completed via email that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?