I have been referred to a conveyancing solicitor in Biddenham. I I am struggling to find out whether they are accepted on the Nottingham Building Society conveyancing panel. Could you or the lender confirm if they are on the panel?
The first thing you should do is e-mail the conveyancer and ask them whether they are on the lender panel. Otherwise you can get in touch with Nottingham Building Society who may be able to help.
My wife and I are selling our house in Biddenham and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. A high street Biddenham lawyer would know that there is no such problem. For the life of me I don't know why the purchasers instructed an internet conveyancing firm as opposed to a conveyancing solicitor in Biddenham. Having lived in Biddenham for 4 years we know of no issue. Is it a good idea to get in touch with our local Authority to seek clarification that there is no issue.
It sounds as though you may have a conveyancing solicitor already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
How does conveyancing in Biddenham differ for newly converted properties?
Most buyers of new build property in Biddenham come to us having been asked by the builder to sign contracts and commit to the purchase even before the residence is finished. This is because builders in Biddenham usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Biddenham or who has acted in the same development.
My husband and I are FTB’s - agreed a price, yet the property agent has warned us that the vendor will only move forward if we instruct the agent's chosen conveyancers as they need an ‘expedited deal’. Our preferred option is to instruct a high street solicitor used to conveyancing in Biddenham
We suspect that the owner is not behind this requirement. If they want ‘a quick sale', alienating a serious buyer is counter productive. Speak to the owners direct and explain that (a)you are keen to buy (b)you are ready to progress, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you are going to instruct your preferred Biddenham conveyancing lawyers - as opposed tothose that will earn the estate agent a commission or achieve conveyancing thresholds pre-set by head office.
My partner and I soon to complete buying a house in Biddenham but as a result of wreckage from the recent storms I have negotiated reparation from the seller of £3k taking the form of a adjustment in the price. I had intended this to be addressed as part of the conveyancing process but my bank will not permit this. Should they have been informed?
The solicitor being on a mortgage company conveyancing panel is duty bound to advise the lender of any variations to the sale figure. If you prohibit your solicitor to disclose the price change to your lender then they would have no choice but to discontinue representing you and the mortgage company.