My IFA requires my Shrivenham law firm’s panel member for the HSBC conveyancing panel. Can you suggest how I discover this. I have tried my local Shrivenham office but they don't know it.
You are best placed to get this information from your Shrivenham lawyer . They should have a central record lender panel numbers.
I have an AIP. The bank mentioned the loan came with free conveyancing. Does this mean I have to appoint their panel solicitor as I would prefer to appoint a Shrivenham based conveyancing firm?
You should check but the the likelihood is that appoint one of their panel conveyancers if you take up the "fee-free" deal. Speak to the mortgage company and explore if they offer you a cash alternative. In the past a few mortgage companies offered a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor in Shrivenham.
My father pointed out to me me that in purchasing a property in Shrivenham there may be a number of restrictions limiting what one can do in terms of external alterations to the property. Is this right?
There are a number of properties in Shrivenham which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Shrivenham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We had selected conveyancers located in Shrivenham on the Principality solicitor panel. They have just billed me a supplemental fee for the legal aspects of the Principality mortgage. Is this an additional conveyancing fee set by Principality?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your lawyer may levy a fee for this. This charge is not dictated by Principality but by your Shrivenham conveyancer. Numerous firms on the Principality panel will quote ’dealing with mortgage’ fee and others do not.
My wife and I are in the throws of looking at houses in Shrivenham and I am now considering a potential offer. Should I already have a lawyer appointed at this point? I am planning to take a mortgage with Aldermore.
You should start obtaining conveyancing quotes from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. As you are getting a mortgage with Aldermore, ask your prospective lawyers if they are on the Aldermore conveyancing panel otherwise they can't do the mortgage legal work.
I'm buying a new build house in Shrivenham with a loan from Accord Mortgages Ltd. The developers would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not to tell my conveyancer about this deal as it may adversely affect my mortgage with Accord Mortgages Ltd. 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.
I am looking for a flat up to £305k and identified one near me in Shrivenham I like with open areas and transport links nearby, however it only has 51 remaining years left on the lease. There is not much else in Shrivenham suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a mortgage the remaining unexpired lease term may be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
Me and my partner are buying a leasehold flat in Shrivenham. Conveyancing quotes are averaging around £1650. Does that seem right?
The average cost last year for conveyancing in Shrivenham was just over one thousand four hundred and fifty pounds excluding SDLT and Land Registry charges.