My financial adviser says he needs my Dorchester solicitor’s panel reference for the Nat West conveyancing panel. What is the best way to find this out. I have e-mailed my local Dorchester branch but they don't know it.
You are best placed to get this information from your Dorchester property lawyer . Most Dorchester conveyancing firms will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
Having sold my house in Dorchester last September but our buyer keeps texting every few hours complaining that her conveyancer is waiting to hear from mine. What are the post completion sale formalities now that I have sold?
Following your house sale your conveyancer should send the transfer deeds and all additional paperwork to the buyer’s conveyancer. Depending on the transaction, your lawyer should also evidence that the home loan has been discharged to the purchasers conveyancers. There is unlikely to be post completion steps unique to conveyancing in Dorchester.
I am considering applying for a HSBC mortgage for purchase of a new build (under development) in Dorchester with 65 per cent LTV. Is it compulsory to choose a solicitor on the conveyancing panel for HSBC ?
There is nothing to stop you using your solicitor, but HSBC will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
What can a local search tell me concerning the house my wife and I purchasing in Dorchester?
Dorchester conveyancing often commences with the submitting local authority searches directly from your local Authority or via a personal search company such as Searches UK The local search is essential in every Dorchester conveyancing purchase; that is if you wish to avoid any nasty surprises after you move into your new home. The search should supply information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
I am purchasing a new build house in Dorchester with the aid of help to buy. The sellers would not move on the price so I negotiated 6k of additionals instead. The property agent advised me not inform my solicitor about this deal as it would impact my loan with Aldermore. 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.