Much to our surprise we have been advised by our broker that my Hoyland solicitor is not on the lender Conveyancing panel. How can I be certain if this is indeed the case?
The best course of action for you to take is to contact your Hoyland conveyancer. You lawyer should notify you what has happened. Where they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your bank.
My wife and I are buying a newly constructed flat in Hoyland and my solicitor is advising me that she is duty bound to the bank to reveal incentives from the developer. I am nearing the developer’s deadline to exchange contracts and my preference is not to delay the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
I opted to have a survey carried out on a property in Hoyland ahead of retaining conveyancers. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some lenders will not give a mortgage on a flying freehold property.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Hoyland. Conveyancing will be smoother if you use a solicitor in Hoyland especially if they regularly deal with such properties in Hoyland.
What does commercial conveyancing in Hoyland cover?
Hoyland conveyancing for business premises covers a wide range of services, supplied by qualified solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
What is the reason for new build conveyancing in Hoyland being more expensive?
Conveyancing in Hoyland for newly converted or new build homes usually involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as further investigations and contractual considerations.