Am I correct in assuming that the fact that my conveyancer in Danbury is not on my mortgage company's solicitor panel that there is a problem with the quality of her work?
It would not be wise to jump to that conclusion. There are all sorts of perfectly reasonable explanations. A recent report by the solicitors regulator revealed that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should contact the Danbury conveyancing firm and enquire why they are no longer on the approved list for your mortgage company.
Are the BSA intent on creating a search tool with a view to to identify solicitors on the Melton Mowbray Building Society conveyancing panel for instance in Danbury?
We are not aware of any plans on the part of the BSA to develop such a register.
I am buying a new build house in Danbury benefiting from help to buy. The developers would not move on the amount so I negotiated £7000 of additionals instead. The house builders rep suggested that I not to tell my lawyer about the side-deal as it would affect my mortgage with Chelsea Building Society. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder 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.
What is different about your site and other web based conveyancing brokers for conveyancing in Danbury?
At this site secure a fixed fee quote from a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Danbury. As opposed to estate agents and many comparison sites we are not in the business of charging firms a fee if you select them for your property ownership legalities in Danbury
We're new to the buying process - had an offer accepted, but the selling agent advised that the vendor will only issue a contract if we instruct the agent's preferred conveyancers as they need a ‘quick sale’. My instinct tells me that we should use a family conveyancer accustomed to conveyancing in Danbury
We suspect that the owner is not behind this requirement. Should the owner require ‘a quick sale', alienating a genuine buyer is going to damage their objectives. Try to communicate with the sellers directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you will continue to instruct your preferred Danbury conveyancing firm - not the ones that will earn the negotiator at the agency a introducer fee or achieve conveyancing figures set by HQ.