We are buying a 1 bedroom flat in Chesham with a mortgage. We have a Chesham solicitor, however the lender says he's not on their "panel". It seems we have no option but to appoint one of the mortgage company panel solicitors or continue with our Chesham conveyancer as well as pay for one of their panel lawyers to act for them. We regard this is unjust; can we not require that the mortgage company use our Chesham conveyancer ?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your Chesham conveyancing solicitor to apply to be on the conveyancing panel.
I need some fast conveyancing in Chesham as I have a deadline to sign on the dotted line within one month. A mortgage is not required. Is it possible to avoid the conveyancing searches to save fees and time?
As you are are a cash buyer you are at liberty not to have searches carried out although no conveyancer would suggest that you don't. Drawing on our experience of conveyancing in Chesham the following are examples of issues that can show up and therefore impact the marketability of the property: Refused Planning Applications, Overdue Charges, Overdue Grants, Railway Schemes,...
I have recentlydiscovered that Arc property Solicitors have closed. They carried out my conveyancing in Chesham for a purchase of a leasehold flat 18 months ago. How can I check that my home is not still registered in the name of the previous owner?
The quickest way to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chesham conveyancing specialists.
I am buying a new build house in Chesham with a loan from Halifax. The sellers refused to budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not to tell my solicitor about this extras as it will affect 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.
In my capacity as executor for the estate of my uncle I am selling a house in Monmouth but reside in Chesham. My solicitor (who is 300 kilometers awayhas requested that I execute a statutory declaration ahead of completion. Could you suggest a conveyancing practitioner in Chesham who can witness and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or solicitor will be fine regardless of whether they are based in Chesham