My husband and I are acquiring a brand new flat in Stockbridge Village and my conveyancer is advising me that she has to the lender to disclose incentives from the seller. The Estate Agents are hassling me to sign contracts and I don't want to prolong matters. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I am planning to acquire a property and need a conveyancing solicitor in Stockbridge Village who is on the Platform Home Loans Ltd solicitor. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Platform Home Loans Ltd in certain locations such as Stockbridge Village. We dont recommend any particular firm.
Me and my partner are buying a apartment in Stockbridge Village. I might seem paranoid but how we can trust a solicitor? At some point we will need to deposit our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is it the case that all Stockbridge Village solicitors on the Co-operative conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Co-operative conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel and in such a situation the practice would be regulated by the Council of Licensed Conveyancers.
After months of negotiation I have agreed a price on an apartment in Stockbridge Village. My financial adviser pressured me to appoint their lawyer. I paid an advanced payment of £225. A couple of days later, the property lawyer contacted me sheepishly admitting that they were not on the TSB conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the TSB panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
A friend suggested that where I am buying in Stockbridge Village I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard Stockbridge Village conveyancing searches. It is not a small document of about 40 pages, listing and detailing significant information about Stockbridge Village around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Stockbridge Village Education with plans and statistics, Local Amenities and other useful information about Stockbridge Village.
Living abroad it is not practicable to be present at my Stockbridge Village conveyancing practitioners office to sign documents for conveyancing in Stockbridge Village – is this a problem?
No. Stockbridge Village conveyancing solicitors can undertake home moves for clients nationally. It is not necessary for you to be able to attend a Stockbridge Village conveyancers office. Almost all solicitor can undertake all communications via phone, post and email - whatever works for you.