Am I correct in assuming that the fact that my conveyancer in Saxmundham is not identified on my bank's solicitor panel that there is a problem with the standard of his conveyancing?
That would most likely be a wrong assumption to make. There are plenty of reasonable explanations. Just recently a report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Saxmundham conveyancing practice and ask them why they are no longer on the approved list for your mortgage company.
I have given 2 months notice to my current landlord and must leave my rented property in Saxmundham by 25/9/2025. Conveyancing on my purchase is progressing. How realistic is it to complete in three weeks as don't want to have to move into temporary accommodation?
The normal practice is not to give notice for your lease until you have exchanged. If you have not already done so, update to your solicitor and ask them to they apply pressure on the owners lawyers, try to an acceptable time-line that all parties will look to achieve
I have recentlybeen informed that Wolstenholmes have been shut down. They carried out my conveyancing in Saxmundham for a purchase of a freehold house 18 months ago. How can I establish that the property is not still registered in the name of the former proprietor?
The quickest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Saxmundham conveyancing specialists.
I'm buying a new build house in Saxmundham with the aid of help to buy. The sellers refused to move on the price so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not disclose to my conveyancer about this side-deal as it would jeopardize my mortgage with The Mortgage Works. Should I keep quiet?.
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.
Are there any apps to help locate a Saxmundham law firm on the The Mortgage Works conveyancing panel? I am a keen cyclist and am willing to travel upto 25miles to meet the conveyancer.
Feel free to make use of the search on this page. Please pick a bank and your location and you will see a number of Saxmundham conveyancing lawyers located nearest you. We have detailed some Saxmundham conveyancing firms towards the end of this page and you can ring them to check if they are on the The Mortgage Works member panel
What is the reason for my lawyer requiring a list of items of ID before I can commence with selling or buying a property in Saxmundham?
Saxmundham conveyancing practitioners are obliged by the Law Society, SRA, HMLR and current AML Regulations to certify that the have checked the identity of their clients. It will also be a requirement of your mortgage offer. In addition they have to complete various forms, particularly those relating to Land Tax and need to have details such as your full names, NI number and date of birth.