I am acquiring a newly built duplex in Swavesey and my solicitor is telling me that she has to the bank to reveal incentives from the builder. I am on a tight deadline to exchange contracts and my preference is not to prolong the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are planning to acquire a house and require a conveyancing solicitor in Swavesey who is on the Skipton solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Skipton . We don't recommend any particular firms conducting conveyancing in Swavesey.
My lawyer has informed me that absentee landlord insurance is necessary on my purchase. What is the typical level of cover needed for conveyancing in Swavesey?
The appropriate level of absentee landlord indemnity insurance depends on who your lender is. It would differ for example between Accord Mortgages Ltd and Chelsea Building Society. Conveyancing practitioners as opposed to borrowers take out such insurances.
My wife and I have organised the release of further monies on our home loan from Virgin Money as we intend to conduct improvements to our home in Swavesey. Are we obliged to appoint a nearby Swavesey solicitor on the Virgin Money conveyancing panel to handle the paperwork?
Virgin Money don't usually require a member of their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Virgin Money list.
Completion of my remortgage has taken place for my property in Swavesey. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Team at head office. In most cases complaints to a lender are resolved effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
Should commercial conveyancing searches disclose proposed roadworks that may affect a commercial premises in Swavesey?
Its becoming the norm that commercial conveyancing solicitors in Swavesey will carry out a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Swavesey. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Swavesey.
For every commercial conveyancing transaction in Swavesey it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may result in delays to Swavesey commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Swavesey.
Due to the advice of my in-laws I had a survey completed on a property in Swavesey ahead of retaining conveyancers. I have been advised that there is a flying freehold aspect to the house. Our surveyor advised that some lenders will refuse to give a loan on a flying freehold property.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. Should you wish to telephone us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Swavesey. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Swavesey to see if the conveyancing will be more expensive.
I am looking for a conveyancing solicitor in Swavesey for my home move. Can I see a solicitor's record with the legal regulator?
One can review published Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Visit Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The SRA sometimes monitor telephone calls for training reasons.