My fiance and I wish to acquire a newly converted flat in Finedon with a mortgage from Nationwide Building Society.We would like to retain our Finedon conveyancing lawyer but Nationwide Building Society advised that he's not listed on their approved list of firms. We have to appoint a Nationwide Building Society panel solicitor or keep our high street solicitor and fork out for one of their panel ones to represent them. This seems very unfair; is there anything we can do?
No, not really. The loan issued to you contains terms and conditions, one of which will be that solicitors needs to be on the Nationwide Building Society conveyancing panel. Until recently, most banks had large numbers of law firms 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 solicitors to apply to be on the conveyancing panel for Nationwide Building Society
We are planning to move home in January. Will my conveyancing solicitor liaise with the removal company on the day of completion. As an aside, can you suggest a removal company in Finedon. Conveyancing solicitor was found prior to coming across your page.
On the afternoon of completion you can collect the house keys from your selling agent however this can only be done after the sellers conveyancers confirm to the agent that the monies to complete are in and the keys can be collected. After that you will need to advise the removal men that you are ready to move in. We are not in a position to recommend a particular removal company but can help you find a conveyancing in Finedon or a solicitor that specialises in conveyancing in Finedon.
We were going to get a DIP from UBS this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do UBS recommend any Finedon solicitors on the UBS conveyancing panel, or is it better to go independently?
You will need to appoint Finedon solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
I have paid off my mortgage with Co-operative. I assume I don't need a Finedon lawyer on the Co-operative panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Co-operative mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Co-operative mortgage from the register. Co-operative, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
I need some fast conveyancing in Finedon as I am under pressure to complete in less than one month. Fortunately I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
As you are are a mortgage free buyer you are at free not to do searches although no conveyancer would advise that you don't. With lots of history conveyancing in Finedon the following are examples of issues that can show up and therefore impact future mortgageability: Refused Planning Applications, Outstanding Charges, Overdue Grants, Railway Schemes,...
I'm buying my first flat in Finedon with a mortgage from Yorkshire Building Society. The sellers refused to move on the price so I negotiated £7000 of fixtures and fittings instead. The estate agent advised me not reveal to my solicitor about the side-deal as it will affect my mortgage with the lender. Is this normal?.
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.
Taking into account that I will soon spend over three hundred thousand on a two bedroom apartment in Finedon I wish to talk to a solicitor concerning thehome move prior to instructing the firm. Can this be arranged?
We could not agree more - we would be pleased to talk to you we do not take any clients on without you liaising with the lawyer who will be doing your conveyancing in Finedon.There is no ‘factory style conveyancing’ - each client is an important person, not a matter number. The practices that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Finedon should be the figure that you end up paying.