I plan on acquiring an apartment in Chippenham. My property lawyer is not listed on the bank conveyancing panel. Is it possible for me to continue with my Chippenham conveyancing solicitor even though they are excluded from the lender approved list?
You will need to use a conveyancer to complete the formalities when you need a mortgage to buy your property. The solicitor will carry out all the necessary legal checks on the property, make sure that you will be properly registered as the owner and ensure that all the required mortgage paperwork is dealt with. One could select a Chippenham solicitor of your choice. However, if the solicitor appointed is not a member of the lender approved list supplemental fees will be levied as separate legal representation will be need by the lender. Conveyancing panel applications may be submitted, so where your solicitor has not historically sought membership they can do so.
Our Chippenham lawyer has uncovered a discrepancy between the assumptions in the home valuation report and what is in the legal papers for the property. My solicitor informs me that he is obliged to ensure that the lender is OK with this discrepancy and is still content to lend. Is my conveyancer’s course or action correct?
Your conveyancer must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for both parties.
Can I use your services to find a Conveyancing solicitor in Chippenham even where I’m not buying or selling a house, for example where I want to acquire a shop in Chippenham with a loan from Accord Mortgages Ltd?
Our comparison service is mainly used to get a quote from domestic conveyancing solicitors in Chippenham but we have recorded at the bottom of this page some Chippenham commercial conveyancing firms. You will need to make contact with the firm directly to establish if they can also act for Accord Mortgages Ltd
I am purchasing my first flat in Chippenham benefiting from help to buy. The sellers would not budge the price so I negotiated £7000 of fixtures and fittings instead. The property agent advised me not disclose to my lawyer about this extras as it would impact my mortgage 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.
As co-executor for the estate of my father I am selling a house in Neath but reside in Chippenham. My lawyer (based 300 miles from meneeds me to execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing lawyer in Chippenham who can witness and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are located in Chippenham