My lawyer has discovered a a problem with the lease for the property we are buying in Wedmore. The seller’s lawyers have suggested title insurance as a solution. We are content with insurance and will pay for it. Our property lawyer has advised that he must ensure that the lender is willing to move forward with this solution. Are we the client or is the mortgage company ?

Regardless of the fact that you have a mortgage offer from the bank does not mean to say that the property will meet their requirements for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the mortgage company are the client. These conveyancing instructions must be adhered to.

Do I select a Licenced Conveyancer or Solicitor for conveyancing in Wedmore?

There are two types of lawyers who can conduct conveyancing in Wedmore namely licenced conveyancers or solicitors. The two can administer the legal services that required to complete the disposal or acquisition of property. They are both obliged to carry out Wedmore conveyancing on similar standards and guidelines so you may be sure that your conveyancing will be properly administered and that all requirements and steps will be suitably taken.

Is there a list of Lloyds panel conveyancers in Wedmore on the Building Society Association’s Website?

Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association sites. Very few mortgage companies make their panel listings open the public on the web. Where you are in need of a Wedmore property lawyer on the Lloyds please use our facility.

I am purchasing a property in Wedmore. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Nationwide be concerned?

Given that your lender is Nationwide your lawyer must comply with the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for Nationwide. The Council of Mortgage Lenders’ Handbook sets out minimum requirements for solar panel roof-space leases, and conveyancing practitioners are required to report to Nationwide where a lease fails to satisfy these requirements. The specifications relate to the installation of panels on properties nationwide and is not limited to Wedmore.

I have todaydiscovered that Wolstenholmes have been shut down. They conducted my conveyancing in Wedmore for a purchase of a leasehold apartment 12 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?

The easiest method to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Wedmore conveyancing specialists.

I am purchasing a new build house in Wedmore with the aid of help to buy. The sellers refused to reduce the price so I negotiated 6k of extras instead. The sale representative told me not disclose to my lawyer about the deal as it would adversely affect my loan with Leeds Building Society. Do I keep my lawyer in the dark?.

All lenders require a Disclosure of Incentives Form from the builder 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.

Is there anything unique about your site and other internet conveyancing solicitors when it comes to conveyancing in Wedmore?

At this site obtain a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Wedmore. As opposed to estate agents and many comparison sites we do not charge firms a fee if you appoint them for your conveyancing in Wedmore