I am remortgaging my property in Box, does my lawyer have to be on the UBS Solicitor panel?
In theory, you could use a solicitor that is not on the UBS conveyancing panel, but UBS would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
I know that there are debates on Chancel Insurance on online forums. Do I require this when acquiring a property in Box? or Apparently there is a law dating back centuries that means some owners of property living in a parish church boundary may be liable to contribute towards maintenance to the chancel within the church. Is this relevant for conveyancing in Box?
Unless a previous purchase of the property took place post 12 October 2013 you can expect conveyancing practitioners conducting conveyancing in Box to remain encouraging a chancel search and or insurance against a claim.
I'm purchasing a new build house in Box with a mortgage from TSB. The developers would not reduce the amount so I negotiated £7000 of extras instead. The property agent suggested that I not disclose to my solicitor about the extras as it could impact my loan with the bank. Is this normal?.
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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a quick, chain free conveyancing. Box is the location of the property. Is there any advice you can impart?
Flying freeholds in Box are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Box you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Box may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
How do I identify a Box solicitor on the Accord Mortgages Ltd conveyancing panel? I have wheels and am prepared to travel upto 20miles to meet the solicitor.
Feel free to make use of the search on this page. Please select a bank and your location and you will see a number of Box conveyancing lawyers located nearest you. We have listed some Box conveyancing firms at the bottom of this page and you can contact them to check whether they are on the Accord Mortgages Ltd member panel