I plan on buying a flat in Maidenhead. My Conveyancer is not listed on the bank conveyancing list. Can I still retain my Maidenhead conveyancing solicitor even though they are not on the bank approved list?
One will need to have a lawyer to complete the formalities if you require a loan to purchase your home. The solicitor will conduct all the appropriate due diligence on the property, ensuring that you’re registered as proprietor and ensure that all the required mortgage documentation is in order. One may select a Maidenhead lawyer of your choice. However, if the property lawyer appointed is not on the bank approved list further fees will be incurred as separate legal representation will be need by the bank. Lender panel applications can be submitted, so if your lawyer has not previously applied for membership they should do so.
What is the optimum way to check that the solicitor handling my conveyancing in Maidenhead is on the mortgage lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Ireland thus paying £187.00 plus VAT in further legal bill.
Feel free to take advantage of the search tool on this page. Pick the mortgage company and type ‘Maidenhead’ or your location and you will discover a number of lawyer offices in Maidenhead or near you.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Maidenhead?
Two types of professional can conduct conveyancing in Maidenhead namely licenced conveyancers or solicitors. Both professionals administer the legal services that you need to complete the disposal or acquisition of property. Both are required to carry out Maidenhead conveyancing to the same quality and guidelines so you can be sure that your conveyancing will be properly carried out and that the requisite steps should be suitably followed.
We previously appointed conveyancing lawyers based in Maidenhead on the Lloyds solicitor panel. They are now charging me a further fee for the legal aspects of the Lloyds mortgage. Is this an additional conveyancing fee specified by Lloyds?
Provided it is contained in their Terms and Conditions or estimate then yes your conveyancer can levy a fee for this. The fee is not set by Lloyds but by your Maidenhead conveyancer. Numerous firms on the Lloyds panel will quote ’dealing with mortgage’ fee but some firms include it on their overall fee.
My wife and I are at the point of viewing flats in Maidenhead and I am about to put in an offer. Should I already have a lawyer appointed at this stage? I will be getting a mortgage with UBS.
It would be wise to start your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. Given that you are seeking a mortgage with UBS, ask your prospective lawyers if they are on the UBS conveyancing panel otherwise they can't do the mortgage legal work.
I am purchasing my first flat in Maidenhead with a mortgage from Coventry Building Society. The developers refused to budge the amount so I negotiated £7000 of extras instead. The property agent told me not disclose to my solicitor about this extras as it will impact 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.
I am looking to sell my property. My previous conveyancers has retired. I am in need of a recommendation of a conveyancing firm. Im based in Maidenhead if that makes things easier.
Do use our search tool to help you choose a solicitor for your conveyancing in Maidenhead. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.