Some advice if I may. My Chatham solicitor is informing me me that he is legally obliged toconduct Chatham conveyancing searches becausethe firm are on the Nat Westapproved lawyer panel. Is my conveyancer correct?
Unfortunately both you and your lawyer have little choice here. Given that you are taking out a loan with a mortgage company your lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Chatham conveyancing searches.
Is there a search tool that I can use to investigate if the solicitor conducting my conveyancing in Chatham is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Scotland thus spending £187.00 plus VAT in another set of conveyancing costs.
Feel free to take advantage of the search tool on this site. Please choose the mortgage company and type ‘Chatham’ or your preferred area and you will be presented with a number of lawyer based in Chatham or by proximity to you.
I need some fast conveyancing in Chatham as I am faced with pressure to sign on the dotted line inside 4 weeks. Luckily I do not need a mortgage. Can I avoid the conveyancing searches to save money and time?
As you are are a cash purchaser you are at free not to have searches carried out although no law firm would advise that you don't. Drawing on our experience of conveyancing in Chatham the following are examples of what can arise and adversely affect the marketability of the property: Enforcement Actions, Outstanding Charges, Outstanding Grants, Railway Schemes,...
I'm purchasing a new build house in Chatham with a mortgage from TSB. The sellers refused to reduce the amount so I negotiated £7000 of additionals instead. The sale representative advised me not disclose to my conveyancer about the deal as it may impact my loan with TSB. 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.
Me and my husband are looking at buying our first property in Chatham. Can you recommend a cheap Chatham solicitor that will help us as well as act for Aldermore?
LenderPanel.com is limited to being a directory service for solicitors who wish to be listed as being on the approved conveyancing panel for Aldermore in certain areas for instance Chatham . Our intention is not to recommend any particular conveyancing practitioner.