Much to our surprise we have been informed by our lender that my Nottinghamshire solicitor is not on the mortgage company Solicitor panel. What can I do to be sure whether this is correct?
The first thing you need to do is to call your Nottinghamshire lawyer directly. 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 mortgage company.
Do I need to attend the offices of the solicitor to execute the mortgage deed? If so, I will choose one who does conveyancing in Nottinghamshire so that I can attend their offices when needed.
As opposed to twenty years ago, the vast majority banks no longer need their conveyancing panel lawyer to witness the borrowers signature. It will still be necessary for you to hand over ID documents and there are still distinct benefits to using a local solicitor, in your case a conveyancing solicitor in Nottinghamshire.
I am intent on selling our house in Nottinghamshire and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the buyers instructed an online conveyancing practice as opposed to a conveyancing solicitor in Nottinghamshire. We have lived in Nottinghamshire for 5 years we know of no issue. Is it a good idea to get in touch with our local Authority to get confirmation need.
It would appear that you have a conveyancing firm already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I'm buying my first flat in Nottinghamshire with a loan from Bank of Ireland. The sellers would not budge the amount so I negotiated 6k of extras instead. The property agent suggested that I not reveal to my conveyancer about this deal as it will put at risk my mortgage with Bank of Ireland. 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 instruct a conveyancing solicitor for sale conveyancing in Nottinghamshire. I happened to discover a web site which looks to be the perfect offering If it is possible to get all the legals completed via web that would be ideal. Do I need to 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?