I am expecting a mortgage with Santander. I hope to retain the legal services of a Licensed Conveyancer in Boncath. Does the Santander Solicitor panel allow for Licensed Conveyancers?
The Santander approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Me and my partner are due to exchange on the purchase of a property in Boncath but as a consequence of damage from a small fire at the property I have was able negotiate recompense from the owner of £2k in the form of a reduction in the price. I had intended this to be dealt with as part of amending the contract yet Coventry BS will not permit this. Why were they involved?
The lawyer being on the Coventry BS approved list is obliged to inform Coventry BS of any amendments to the purchase price. If you prohibit your lawyer to disclose the reduction to Coventry BS then they would have to discontinue acting for you. In addition, Coventry BS and you would have to appoint a new conveyancer for your conveyancing in Boncath.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Boncath. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 19/4/2019, the requirements read as follows :
Various online forums that I have come across warn that are the main cause of obstruction in Boncath house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays in the conveyancing process. Local searches are unlikely to be the root cause of holding up conveyancing in Boncath.
What does commercial conveyancing in Boncath cover?
Boncath conveyancing for business premises incorporates a broad range of guidance, provided by qualified solicitors, relating to business premises. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.