I am getting a offer of a home loan from Lloyds. I hope to enlist the help of a Licensed Conveyancer in Par. Does the Lloyds Conveyancing panel allow for conveyancers regulated by the CLC?

The Lloyds approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.

I am about to exchange on the purchase of a property in Par but as a consequence of wreckage from the recent storms I have was able negotiate reparation from the owner of six thousand pounds by way of a adjustment in the price. I had intended this to be addressed as part of amending the contract however Nationwide will not permit this. Why were they informed?

The conveyancing practitioner being on the Nationwide approved list is duty bound to advise Nationwide of any changes to the purchase price. If you prohibit your conveyancer to report the reduction to Nationwide then they would have to discontinue acting for you. In addition, Nationwide and you would have to appoint a new property lawyer for your conveyancing in Par.

I need some fast conveyancing in Par as I have pressure to exchange contracts in less than 4 weeks. A home loan is not required. Is it possible to decline from having conveyancing searches to save fees and time?

As you are are a cash purchaser you are at liberty not to do searches although no law firm would advise that you don't. With plenty of history conveyancing in Par the following are instances of what can crop up and therefore impact market value: Refused Planning Applications, Overdue Charges, Outstanding Grants, Unadopted Roads,...

My wife and I have a 4 bedroom Edwardian house in Par. Conveyancing practitioner acted for me and Nationwide Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold under the exact same address. I thought I was buying a freehold how can I check?

You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Par and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the situation with the conveyancing lawyer who carried out the work.

I am purchasing a new build house in Par with the aid of help to buy. The developers would not move on the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not to tell my lawyer about the extras as it could adversely affect my loan with Alliance & Leicester . 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.