I have just been advised by my mortgage broker that my Forest of Dean lawyer is not on the lender Conveyancing panel. What can I do to be sure that this is correct?
You need to contact your Forest of Dean lawyer directly. It is reasonable to expect your lawyer to inform you of the situation. If they are not on the panel they may be able to suggest a Forest of Dean conveyancing firm that is on the conveyancing panel for your bank.
Are the Forest of Dean conveyancing solicitors identified as being on the Nationwide conveyancing panel, together with their details provided by Nationwide?
Forest of Dean conveyancing firms themselves provide us confirmation that they are on the Nationwide conveyancing panel as opposed to being supplied with a list from Nationwide directly.
Are the BSA planning on creating a searchable register to to identify firms on the Coventry BS conveyancing panel for example in Forest of Dean?
We are not aware of any intention on the part of the BSA to promote such a tool.
I am purchasing my first flat in Forest of Dean with a mortgage from Bank of Ireland. The sellers refused to move on the price so I negotiated five thousand pounds worth of additionals instead. The property agent told me not reveal to my solicitor about the side-deal as it would jeopardize my mortgage with the bank. 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.
I need to appoint a conveyancing solicitor for purchase conveyancing in Forest of Dean. I have land on a site which seems to have the ideal offering If it is possible to get all the legals done via phone that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?