I am soon to complete on the purchase of a property in Comberton but as a consequence of wreckage from the recent storms I have managed to agree reparation from the vendor of three thousand pounds by way of a reduction in the price. This was going to be dealt with as part of a side agreement however UBS will not agree to this. Should they have been notified?
Your solicitor that is on a UBS approved list is required to advise UBS of any changes to the sale price. If you were to refuse your conveyancing practitioner to disclose the price change to UBS then they would have to discontinue acting for you. In addition, UBS and you would have to appoint a new lawyer for your conveyancing in Comberton.
we are a couple who are purchasing a 2 bedroom apartment in Comberton with a mortgage from National Westminster Bank.We use our Comberton conveyancing solicitor but National Westminster Bank advised that her practice is not on their approved list of member firms. we are left little option but to use a National Westminster Bank panel solicitor or retain our high street solicitor and pay for a National Westminster Bank panel lawyer to represent them. This seems very unfair; is there anything we can do?
No, not really. The loan offered to you contains various provisions, a common one being that lawyers will be on the National Westminster Bank approved list. in the past, most lenders had large numbers of solicitors on their panels: a borrower could find 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. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for National Westminster Bank
Does a directory service exist listing Co-operative panel conveyancers in Comberton on the UK Finance Lenders’ Handbook Website?
No. There is no such directory service on the CML or Building Society Association websites. Very few lending institutions make their panel listings open the public on the web. Where you are seeking to appoint a Comberton solicitor on the Co-operative please use our facility.
How can we tell if a Comberton conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Comberton getting recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor carrying out your transaction.
Planning on purchasing a maisonette in Comberton. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Skipton conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Comberton conveyancer is on the Skipton conveyancing panel.
I have a terraced Edwardian house in Comberton. Conveyancing solicitor represented me and Virgin Money. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold under the exact same property. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Comberton and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing solicitor who conducted the conveyancing.
I have been pointed in your direction by a few estate agents in Comberton to get a quote from a conveyancer using your seach tool. What’s the financial inducement for Estate Agents to recommend your services rather than alternative conveyancing organisations?
We don’t make any commission for sending work our way. We found it would be just too difficult a fee because a client could think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.