We are due to complete buying a property in Camborne but as a result of damage from the recent storms I have managed to agree compensation from the vendor in the sum of six thousand pounds by way of a deduction in the price. I had intended this to be dealt with as part of a side agreement but RBS will not agree to this. Should they have been notified?
Any property lawyer that is on a RBS approved list is duty bound to disclose to RBS of any changes to the purchase price. If you were to refuse your property lawyer to report the price change to RBS then they would have to discontinue acting for you. In addition, RBS and you would have to appoint a new solicitor for your conveyancing in Camborne.
Completed the sale of my flat in Camborne last August but our buyer keeps calling every few hours complaining that her solicitor is waiting to hear from mysolicitor. What are the post completion sale legalities following completion?
Post completion of your disposal your solicitor is duty bound to deliver the transfer documentation and all additional paperwork to the purchaser's lawyers. Where relevant, your conveyancer should also send confirmation that the mortgage has been redeemed to the buyers lawyers. There are no post completion steps specific conveyancing in Camborne.
Do the Building Society Association intend to launch a online directory to list firms on the Loughborough BS conveyancing panel for example in Camborne?
We would not expect to be advised of any plans on the part of the BSA to promote such a register.
When it comes to lenders such as TSB, do Camborne lawyers incur a fee to be on the conveyancing panel?
We are not aware of any lender fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
We are getting the release of further funds on our home loan from Bank of Ireland as we want to conduct a loft conversion to our home in Camborne. Do we need to appoint a bricks and mortar Camborne solicitor on the Bank of Ireland conveyancing panel to handle the paperwork?
Bank of Ireland would not normally require firms on their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Bank of Ireland conveyancing panel.
I am due to exchange contracts on my flat. I had a double glazing fitted in May 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, UBS are being a right pain. The Camborne solicitor who is on the UBS conveyancing panel is saying indemnity insurance will be fine but UBS are insisting on a building regulation certificate. Why do UBS have a conveyancing panel if they don't accept advice from them?
It is probably the case that UBS have referred the matter to their valuer. The reason why UBS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
What type of premises does your Camborne conveyancing estimates relate to?
The quotes issued are only relevant to standard residential property in England & Wales. If you have any different needs such as industrial or agricultural land or commercial conveyancing in Camborne please telephone us to consider this further .