Do all mortgage companies provide you with an approved list of Yoxall conveyancing solicitors? How do you know who is on the Clydesdale conveyancing panel?
Yoxall conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.
My wife and I have recently appointed a conveyancing solicitor in Yoxall. I need to find out whether they are accepted on the Santander approved list of lawyers. Can you help?
The first thing to do is e-mail your lawyer and enquire whether they can act for the lender. Alternatively you can call Santander who may be able to confirm.
We had instructed solicitors located in Yoxall on the Santander solicitor approved list. They have just invoiced me a further charge for the legal aspects of the Santander mortgage. Is this a supplemental conveyancing fee specified by Santander?
Unfortunately, as long as it is in their Terms and Conditions or estimate then yes your property lawyer is entitled to charge a fee for this. The charge is not set by Santander but by your Yoxall solicitor. Numerous firms on the Santander panel will quote ’dealing with mortgage’ fee and others do not.
We are getting the release of further monies on our home loan from Principality as we want to carry out alterations to our home in Yoxall. Do we need to appoint a high street Yoxall solicitor on the Principality conveyancing panel to deal with the paperwork?
Principality would not normally appoint firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Principality list.
Two weeks ago we had a mortgage agreed in principle with Skipton. Yoxall conveyancing lawyers are instructed. How long does it take for Skipton to forward the offer to the conveyancing practitioner?
There is no definitive answer here. Have Skipton done the valuation? Have you informed Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I'm buying a new build house in Yoxall benefiting from help to buy. The sellers would not budge the price so I negotiated £7000 of extras instead. The house builders rep suggested that I not disclose to my lawyer about this deal as it will affect my loan with the lender. Should I keep quiet?.
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.
Due to the guidance of my in-laws I had a survey completed on a property in Yoxall in advance of instructing conveyancers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some lenders may refuse to grant a loan on such a property.
It depends who your proposed lender is. Santander has different requirements from Nationwide. If you call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Yoxall. Conveyancing will be smoother if you use a solicitor in Yoxall especially if they regularly deal with such properties in Yoxall.
How do I search for a Yoxall conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to 15kilometers to attend the solicitor.
You can use the find a conveyancing panel tool on this website. Please choose the lender and your location, in this case Yoxall and you will see a number of lawyer located nearest Yoxall. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the mortgage company solicitor panel.