Me and my fiance are acquiring a maisonette in Soham. My property lawyer is not on the mortgage company conveyancing list. Is it possible for me to appoint my Soham conveyancing solicitor even though they are excluded from the bank approved list?
Various options include
- Complete the purchase with your chosen Soham conveyancing practitioner but your mortgage company will need to instruct a property lawyer from their approved list. The net result is additional cost and likely frustration.
- Get a fresh lawyer to act in the purchase, making sure they are on the lender conveyancing panel.
- Appeal to your conveyancer to attempt to join the bank panel
Having sold my house in Soham last November yet the purchaser is whats apping me complaining that their solicitor needs to hear from mylawyer. What should have happened following completion?
Following your disposal your solicitor should deliver the transfer deeds and all additional paperwork to the buyer’s conveyancer. Where relevant, your lawyer must also confirm that the legal charge in favour of the lender has been redeemed to the purchasers solicitors. There are no post completion procedures just for conveyancing in Soham.
Is it the case that all Soham CQS (Conveyancing Quality Scheme) solicitors are on the Nationwide conveyancing list of approved practices?
A selection of lenders now utilise the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their panels.
How can we tell if a Soham conveyancing solicitor on the Barclays panel is any good?
When it comes to conveyancing in Soham obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer carrying out your conveyancing.
I am buying a property in Soham. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
Given that you are obtaining a mortgage with Virgin Money your lawyer must check the formal requirements outlined in Part two of UK Finance Lenders’ Handbook for Virgin Money. The Council of Mortgage Lenders’ Handbook contains minimum specifications for solar panel roof-space leases, and solicitors are required to report to Virgin Money where a lease fails to satisfy these conditions. The conditions relate to the installation of panels on properties in England and Wales and is not isolated to Soham.
I require expedited conveyancing in Soham as I am faced with an ultimatum to complete in less than one month. Luckily I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
If.Given you are not obtaining a mortgage you are at liberty not to have searches conducted although no lawyer would recommend that you don't. With plenty of history conveyancing in Soham the following are instances of what can crop up and therefore affect the marketability of the property: Refused Planning Applications, Outstanding Charges, Overdue Grants, Road Schemes,...
I used Action Conveyancing several years ago for my conveyancing in Soham. Now, I need my documents however cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Soham of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm buying a new build house in Soham benefiting from help to buy. The builders would not budge the amount so I negotiated £7000 of fixtures and fittings instead. The estate agent suggested that I not to tell my conveyancer about the deal as it could put at risk my loan with Barclays Direct. Is this normal?.
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.