Much to our surprise we have been advised by our estate agent that my Corfe Castle the law firm I have appointed is not on the lender Solicitor panel. What can I do to check?
You need to call your Corfe Castle lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they may recommend you to a Corfe Castle conveyancing firm that is on the approved list of lawyers for your mortgage company.
Finally the sale completed on my house in Corfe Castle last April yet the purchaser is calling every few hours to moan that his conveyancer is waiting to hear from mine. What are the post completion sale formalities following completion?
Following your house sale your solicitor is committed to send the transfer documentation and all of the paperwork to the buyer’s lawyers. Where relevant, your lawyer must also evidence that the legal charge in favour of the lender has been redeemed to the buyers conveyancers. There is unlikely to be post completion steps specific conveyancing in Corfe Castle.
My lawyer in Corfe Castle has never been on on the The Mortgage Works Solicitor Panel. Can I still retain my family solicitor even though they are not on the The Mortgage Works panel of approved conveyancing solicitors?
The limited options available to you here include:
- Complete the purchase with your preferred Corfe Castle lawyers but The Mortgage Works will need to use a solicitor on their panel. This will inevitably rack up the overall conveyancing charges as well as result in frustration.
- Choose a new practitioner to to deal with the purchase, obviously checking they are The Mortgage Works approved.
- Persuade your The Mortgage Works solicitor to try to join the The Mortgage Works panel
Will commercial conveyancing searches reveal planned roadworks that may impact a commercial estate in Corfe Castle?
Many commercial conveyancing solicitors in Corfe Castle will perform a SiteSolutions Highways report as it reduces the time that conveyancers spend in investigating accurate data on highways that impact buildings and development assets in Corfe Castle. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Corfe Castle.
For each commercial conveyancing transaction in Corfe Castle it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can cause delays to Corfe Castle commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not carried out for residential conveyancing in Corfe Castle.
I am purchasing my first flat in Corfe Castle with the aid of help to buy. The developers refused to move on the price so I negotiated five thousand pounds worth of extras instead. The sale representative suggested that I not inform my solicitor about this side-deal as it will put at risk my mortgage 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.