It has come to my attention via my mortgage broker that my Wellesbourne the law firm I have appointed is not on the mortgage company Conveyancing panel. What can I do to be certain if this is indeed the case?
The first thing you need to do is to contact your Wellesbourne conveyancer. It is reasonable to expect your lawyer to notify you what has happened. Where they are not on the panel they may be able to suggest a Wellesbourne conveyancing firm that is on the conveyancing panel for your lender.
We are about to sign contracts for a freehold house in Wellesbourne. We have hit a snag. Our mortgage offer with Accord Mortgages Ltd runs out on 20/6/2025 but the sellers are suggesting a completion date of 24/6/2025. Is it possible to prolong the mortgage expiry date?
The person best placed to address this concern is your conveyancer who should determine if they better off negotiating with the mortgage company, vendor’s conveyancers, property agents or indeed all three taking into account the circumstances your house move to date.
We see that you have a post code search directory listing law firms on the HSBC conveyancing panel. Do firms pay you a referral fee if I appoint them for our conveyancing in Wellesbourne?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Wellesbourne.
I am planning to move house in June. Will my conveyancing solicitor communicate with the removal company on the completion day. As an aside, can you suggest a removal company in Wellesbourne. Conveyancing firm was organised prior to coming across this website.
On the day of completion you will need to pick up the keys from your property agent but this should only be done after the vendors lawyers inform the agent that they have the completion monies and the keys can be handed over. You will need to inform the removal company that you are ready to move in. We are not in a position to suggest a particular removal organisation but can assist you in finding a residential property solicitor in Wellesbourne or a legal practice with expertise in conveyancing in Wellesbourne.
Intending to buy a apartment in Wellesbourne. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Leeds Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Wellesbourne conveyancer is on the Leeds Building Society conveyancing panel.
Leeds Building Society have agreed my mortgage in principle, my offer on a house in Wellesbourne has been accepted, now what?
The estate agent will need to know who your solicitors are (ensure that the conveyancing practitioners are on the lender’s panel). Contact Leeds Building Society or your broker and complete any relevant paperwork. Leeds Building Society will instruct a valuer who will get in touch with the selling agent or vendor to book a slot for the valuation to take place. Once conducted (assuming no problems) it takes approximately a week for the mortgage offer to be issued. Leeds Building Society will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Wellesbourne.
I am purchasing my first flat in Wellesbourne with a loan from Nottingham Building Society. The builders refused to reduce the amount so I negotiated 6k of extras instead. The house builders rep told me not to tell my solicitor about this extras as it would jeopardize my loan with the lender. Do I keep my lawyer in the dark?.
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 decided to have a survey carried out on a property in Wellesbourne ahead of retaining lawyers. I have been advised that there is a flying freehold element to the property. Our surveyor has said that some banks tend refuse to give a loan on a flying freehold property.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. If you call us we can look into this further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wellesbourne. Conveyancing may be slightly more expensive based on your lender's requirements.