My Solicitor in Cinderford is not listed on the Nottingham Building Society Conveyancing Panel. Is it possible for me to retain my family solicitor notwithstanding that they are not on the Nottingham Building Society panel of approved conveyancing solicitors?
Your options are as follows:
- Complete the purchase with your preferred Cinderford solicitors but Nottingham Building Society will need to retain a conveyancer on their list of acceptable firms. This will inevitably rack up the total legal fees as well as cause frustration.
- Find an alternative practitioner to act in the conveyancing, not forgetting to check they are Persuade your lawyer to do everything within their powers to join the Nottingham Building Society conveyancing panel
I am buying a new build house in Cinderford with a mortgage from Barclays . The developers would not move on the price so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not reveal to my lawyer about this side-deal as it would impact my loan with the lender. 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.
I am looking for a leasehold apartment up to £305k and identified one round the corner in Cinderford I like with a park and railway links nearby, however it only has 51 years on the lease. There is not much else in Cinderford for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a home loan the remaining unexpired lease term will likely be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you may ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
Hoping to buy a property located in Cinderford and I am already nervous. I couldn't find anything specific about Cinderford. Conveyancing will be needed in due course but do you know about the Cinderford area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Cinderford. In the meantime here are some basic statistics that we found
What can I do where I am unhappy with the conveyancing practitioner who did our conveyancing in Cinderford?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that every so often things do go wrong. Nevertheless there is recourse if you were not happy with your conveyancing in Cinderford. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their regulator. If things still aren’t resolved you may consider enlisting the help of the Legal Ombudsman.