Is there a search tool that I can use to investigate if the solicitor handling my conveyancing in Poplar is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Lloyds TSB Bank thus paying £192.00 in further conveyancing fees.
Please do make the most of the find a conveyancing panel solicitor tool on this page. Pick the lender and type ‘Poplar’ or your location and you will discover numerous solicitors offices in Poplar or by proximity to you.
My wife and I are purchasing a flat in Poplar. It might be a silly question but how we can trust a lawyer? On completion day we have to send funds into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Two weeks ago we had a mortgage agreed in principle with Coventry BS. Poplar conveyancing solicitors were appointed. What is the average time that one could expect to receive a mortgage offer from Coventry BS?
Some lenders take longer than others. Have Coventry BS done the valuation? Have you advised Coventry BS as to your lawyers' details and checked that your lawyers are on the Coventry BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
Planning on purchasing a maisonette in Poplar. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nottingham conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Poplar solicitor is on the Nottingham conveyancing panel.
I'm buying my first flat in Poplar benefiting from help to buy. The builders would not budge the price so I negotiated £7000 of fixtures and fittings instead. The property agent told me not inform my conveyancer about this extras as it would jeopardize my loan with the lender. Is this normal?.
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.
Due to the encouragement of my in-laws I had a survey completed on a property in Poplar in advance of retaining conveyancers. I have been advised that there is a flying freehold overhang to the property. The surveyor advised that some banks will refuse to issue a mortgage on such a home.
It depends who your proposed lender is. Lloyds has different instructions from Halifax. If you contact us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Poplar. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Poplar to see if the conveyancing costs will increase in light of this.
I am looking for a conveyancing solicitor in Poplar for my house move. Is there any facility to review a firm’s record with the profession’s regulator?
You can search for published Solicitor Regulator Association (SRA) decisions resulting from inquisitions from 2008 onwards. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a solicitors record, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator may monitor telephone calls for training requirements.