We just had an offer accepted to purchase with . We have called around locally yet cant to find a Belmont conveyancing firm on the panel. Can you assist?

Feel free to take advantage of the search tool on this web page. Pick the mortgage company and type Belmont or your preferred area and you will be presented with a number of lawyer located in Belmont or near you.

is it true that all Belmont solicitors on the conveyancing panel are overseen by the Solicitors Regulatory Authority?

As solicitors, in order to be on the conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel and in such a situation the firms would be governed by the CLC.

We have agreed to purchase a house in Belmont. An unusual aspect is that the roof has a solar panel. have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?

As you are obtaining a mortgage with your lawyer must check the conveyancing instructions contained in Part 2 of UK Finance Lenders’ Handbook for . The CML Handbook includes minimum provisions for solar panel roof-space leases, and are required to report to where a lease does not satisfy these conditions. The requirements relate to the installation of panels on properties countrywide and is not restricted to Belmont.

I can not fathom if my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Belmont bank branch on numerous occasions and was reassured it wasn't a problem and they will lend. My Belmont conveyancing solicitor - who is on the lender conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. I have no idea who is right.

As long as the is on the mortgage company panel, they must comply with the CML Handbook provisions for the bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I am purchasing a new build house in Belmont with a mortgage from . The developers refused to budge the price so I negotiated 6k of extras instead. The property agent advised me not reveal to my conveyancer about the deal as it will put at risk 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.

I opted to have a survey done on a house in Belmont prior to retaining solicitors. I have been told that there is a flying freehold element to the property. My surveyor has said that some mortgage companies tend refuse to give a loan on a flying freehold home.

It varies from the lender to lender. Lloyds has different instructions for example to Nationwide. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Belmont. Conveyancing will be smoother if you use a solicitor in Belmont especially if they are familiar with such properties in Belmont.

Am in the process of purchasing my first property in Belmont. Conveyancing practitioner already appointed. The broker pointed out that a survey is not needed as the house is only 20 yrs old.

You would be well advised to undertake a Home Buyer's Report. As the residence is more than 10 years old the property will be without a warranty, so you would be well advised not to take a risk. For a property that age with no signs of problems a Home Buyer's report may be sufficient. They will highlight any apparent problems and recommend additional investigation where relevant. Where there are any signs of problems get a full structural survey.