I am getting a offer of a home loan from Santander. I hope to retain the legal services of a Licensed Conveyancer in Isleworth. Does the Santander Solicitor panel include conveyancers regulated by the CLC?
The Santander approved solicitor list is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We see that you have a search directory listing firms on the Skipton conveyancing panel. Do firms pay you a referral fee if I retain them for our own conveyancing in Isleworth?
We are a listing service only for law firms wishing to communicate if they are on the Skipton conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Isleworth.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Isleworth. My lender is Accord Mortgages
Accord Mortgages have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 8/12/2018, the requirements read as follows :
I have todayfound out that Action Conveyancing have closed. They conducted my conveyancing in Isleworth for a purchase of a freehold house 12 months ago. How can I establish that my home is in my name in the name of the previous owner?
The quickest way to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Isleworth conveyancing specialists.
I am buying a new build house in Isleworth with a loan from Clydesdale. The sellers refused to budge the amount so I negotiated £7000 of additionals instead. The sale representative suggested that I not reveal to my lawyer about the side-deal as it will affect my mortgage with the lender. 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.