My IFA requires my Scunthorpe solicitor’s panel reference for the Santander conveyancing panel. Can you suggest how I discover this. I have contacted my local Scunthorpe branch but they cant find it on their system.
You are best placed to get this information from your Scunthorpe lawyer . They retain a central record lender panel numbers.
We note that you have a search directory listing law firms on the Bank of Ireland conveyancing panel. Do firms pay you a referral fee if I instruct them for our own conveyancing in Scunthorpe?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Scunthorpe.
The Scunthorpe conveyancing lawyers that I appointed last week on my house acquisition in Scunthorpe have suddenly shut down. I chose them because I had to have a firm on the Leeds Building Society conveyancing panel and my preferred Scunthorpe lawyer was not. I wrote them a cheque for £250 in advance. What are my options?
Assuming that you have an Estate Agent in the equation then inform them straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Leeds Building Society conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Scunthorpe?
Two types of professional can carry out conveyancing in Scunthorpe namely licenced conveyancers or solicitors. The two can handle the legal services that you need to complete the disposal or purchase of property. Both are required to perform Scunthorpe conveyancing on similar standards and guidelines so you may be safe in the knowledge that your conveyancing will be properly carried out and that all requirements and steps should be suitably adhered to.
RBS have agreed my home loan in principle, my offer on a flat in Scunthorpe has been accepted, what happens next?
Your property agent will wish to be informed of your solicitor's details (ensure that the conveyancing practitioners are on the lender’s panel). Call up RBS or your broker and finalise any relevant paperwork. RBS will appoint a valuer who will get in touch with the estate agent or seller to book a slot for the valuation to take place. Once carried out (assuming no problems) it takes on average a fortnight for the mortgage offer to be issued. RBS will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Scunthorpe.
My offer on a detached house in Scunthorpe has been agreed to, the owners do however have a tied purchase. The vendors have offered on a property, however it’s not yet agreed to, and have viewings of other flats in the pipeline. I have selected a bricks and mortar conveyancing solicitor in Scunthorpe. What should be my next step? At what point should I apply for the mortgage with Coventry BS?
It is understandable to have anxieties where there is a chain as you are unlikely to want to incur costs too early (home loan application is approx one thousand pounds, then survey, Scunthorpe conveyancing search costs, etc). The first thing to do is check that your lawyer is on the Coventry BS approved list. Regarding the next stages this very much dictated by the uniqueness of your transaction, attraction to the property and on the state of the market. During a rising market the majority of buyers would apply for the mortgage with Coventry BS and arrange for the valuation and only if it comes back ok would they request their solicitor to proceed with searches.
I am purchasing a new build house in Scunthorpe with the aid of help to buy. The sellers refused to reduce the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent suggested that I not reveal to my lawyer about this side-deal as it could jeopardize my loan with the bank. 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.
Due to the advice of my in-laws I had a survey completed on a house in Scunthorpe in advance of retaining lawyers. I have been advised that there is a flying freehold overhang to the property. Our surveyor advised that some banks tend not give a mortgage on a flying freehold premises.
It depends who your proposed lender is. Lloyds has different requirements for example to Halifax. Should you wish to telephone us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Scunthorpe. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Scunthorpe to see if the conveyancing will be more expensive.