I have just been advised by my broker that my Stansted lawyer is not on the mortgage company Solicitor panel. What can I do to be sure whether this is correct?
The first thing you need to do is to contact your Stansted lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your mortgage company.
My wife and I are due to complete buying a property in Stansted but as a result of damage from the recent storms I have was able negotiate reparation from the vendor of £3k by way of a reduction in the price. This was going to be dealt with as part of the conveyancing process however Santander are not allowing this. Should they have been approached?
Your property lawyer being on the Santander conveyancing panel is required to advise Santander of any variations to the purchase price. If you prohibit your solicitor to report the price change to Santander then they would have to discontinue acting for you. In addition, Santander and you would have to appoint a new conveyancing practitioner for your conveyancing in Stansted.
When it comes to lenders such as Principality, do Stansted conveyancers have to pay a yearly amount to be on the conveyancing panel?
We are unaware of any bank fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
I am buying a property in Stansted. One unusual aspect is that the roof has a solar panel. HSBC have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is HSBC your lawyer must follow the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for HSBC. The CML Handbook stipulates minimum provisions for solar panel roof-space leases, and conveyancers are required to report to HSBC where a lease does not meet these requirements. The requirements relate to the installation of panels on properties nationwide and is not restricted to Stansted.
Our sealed bid on a property in Stansted has been accepted, but there is a chain. The sellers have put an offer on a property, however it’s not yet tied up, and have viewings of other flats booked. I have selected a high street conveyancing solicitor in Stansted. What should be my next step? At what point should I apply for the mortgage with RBS?
It is usual to have concerns where there is a chain as you are unlikely to want to incur expenses too early (home loan application is in the region of £1k, then valuation, Stansted conveyancing search fees, etc). First, you must ensure that your conveyancing practitioner is on the RBS conveyancing panel. Concerning the next steps this very much dictated by the uniqueness of your case, motivation for this property and on the state of the market. In a rising market many buyers will apply for a home loan with RBS and arrange for the valuation and only if it was satisfactory would they request their lawyer to press on with the conveyancing in Stansted.
Is it necessary to take out insurance to cover chancel repairs when acquiring a residence in Stansted?
Unless a prior purchase of the property completed after 12 October 2013 you can expect lawyers carrying out conveyancing in Stansted to remain recommending a chancel search and or insurance against a claim.
In my capacity as executor for the will of my father I am selling a house in Newport but live in Stansted. My conveyancer (who is 250 miles awayhas requested that I execute a statutory declaration prior to completion. Can you recommend a conveyancing lawyer in Stansted who can witness this legal document for me?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are located in Stansted
I'm purchasing a property in Stansted. I have found my conveyancer's company on the Law Society's list, but I can't see my lawyer's name on the list. Should I be concerned?
Not every individual in the practice must be listed by the regulator. As long there is a manager qualified to 'oversee' the transaction, the actual day-to-day activity can be undertaken by unqualified staff.