My Conveyancer in Southwell is not on the Platform Home Loans Ltd Approved Panel. Is it possible for me to continue with my prefered solicitor notwithstanding that they are excluded from the Platform Home Loans Ltd panel of approved conveyancing solicitors?
The limited options available to you here include:
- Carry on with your preferred Southwell solicitors but Platform Home Loans Ltd will need to instruct a conveyancer on their panel. This will result in additional overall legal fees as well as result in frustration.
- Get a new lawyer to to deal with the purchase, not forgetting to check they are on the Platform Home Loans Ltd panel
Is it necessary to pay for insurance to cover chancel repairs when acquiring a residence in Southwell?
Unless a prior acquisition of the house completed after 12 October 2013 you may take it that conveyancing practitioners conducting conveyancing in Southwell to continue to advocate a chancel search and or insurance against a claim.
Me and my brother own a 4 bedroom Victorian house in Southwell. Conveyancing lawyer represented me and Lloyds TSB Bank. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, another for leasehold under the exact same address. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Southwell and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing practitioner who completed the work.
I'm purchasing my first flat in Southwell with the aid of help to buy. The sellers refused to budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep advised me not to tell my lawyer about this extras as it could impact my mortgage with Coventry Building Society. 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.
Hoping to buy a property located in Southwell and I am already nervous. I couldn't find anything specific about Southwell. Conveyancing will be needed in due course but do you know about the Southwell area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Southwell. In the meantime here are some basic statistics that we found
Am I better off to go with a Southwell conveyancing lawyer who is local to the property I am purchasing? We have a good friend who can execute the legal work however they are based 300miles drive away.
The primary upside of using a high street Southwell conveyancing practice is that you can drop in to execute documents, deliver your identification documents and pester them where appropriate. Having local Southwell know how is a plus. That being said it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and on the whole were impressed that must surpass using an unknown Southwell conveyancing lawyer just because they are round the corner.