I had intended to instruct a property lawyer in Moor Park for our house move. Our broker has since notified us that our mortgage lenders won't deal with them. Why is this not regarded as unfair competition?

A lender will require an approved conveyancer act for it. You would be expected to meet the cost of this. Try using our search facility to locate a solicitor to conduct conveyancing in Moor Park on the approved list of solicitors.

Should commercial conveyancing searches disclose proposed roadworks that could impact a commercial land in Moor Park?

Many commercial conveyancing solicitors in Moor Park will execute a SiteSolutions Highways report as it reduces the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Moor Park. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Moor Park.

For every commercial conveyancing transaction in Moor Park it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could cause delays to Moor Park commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Moor Park.

I'm purchasing a new build house in Moor Park with a mortgage from . The developers refused to move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative advised me not disclose to my conveyancer about the extras as it will jeopardize my loan with the bank. Do I keep my lawyer in the dark?.

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.

We're first time buyers - agreed a price, yet the estate agent has warned us that the seller will only move forward if we use their preferred solicitors as they are insisting on an ‘expedited deal’. We would rather use a family solicitor who is accustomed to conveyancing in Moor Park

It is highly unlikely the sellers are behind this. If they desire ‘a quick sale', alienating a serious purchaser is not the way to achieve this. Bypass the agents and go straight to the owners and make the point that (a)you are motivated buyers (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you will continue to instruct your own,trusted Moor Park conveyancing lawyers - rather thanthose that will give the negotiator at the agency a commission or achieve conveyancing targets set by HQ.

My nephew is just in the process of moving house, he had his mortgage in principle. After the seller agreed the offer on the flat we called the bank to move forward with his. We were shocked to discover that mortgage companies do not accept all , they must be on their panel, is this legal?

Banks normally imposes restrictions either the type or the number of conveyancing practices on their approved list of lawyers. A common example of such restriction(s) being that a firm must have two or more partners. In addition to restricting the type of firm, some have decided to limit the number of firms they use to represent them. You should note that lenders have no responsibility for the quality of advice provided by any Moor Park on their panel. Mortgage fraud was a key driver in the rationalisation of conveyancing panels a few years ago and whilst there are differing views about the extent of solicitor involvement in some of that fraud. Statistics from the Land Registry reveal that thousands of law firms only carry out one or two conveyances a year. Those supporting conveyancing panel cuts ask why law firms should have the right to be on a Lender panel when clearly, conveyancing is not their speciality. To put it another way; would you want a conveyancing solicitor to represent you if you were charged with a crime? Probably not.