We are purchasing a new build apartment in Prudhoe and my solicitor is telling me that she has to the lender to disclose incentives from the seller. I am nearing the developer’s deadline to sign contracts and I don't want to prolong deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Are the Prudhoe conveyancing solicitors identified as being on the HSBC conveyancing panel, together with their details provided by HSBC?
Prudhoe conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.
Does a directory service exist listing Coventry BS panel solicitors in Prudhoe on the UK Finance Lenders’ Handbook Website?
Unfortunately not yet. There is no such directory service on the CML or Building Society Association sites. Very few lending institutions make their panel listings visible on the web. If you are in need of a Prudhoe solicitor on the Coventry BS please use our tool.
It is unclear whether my mortgage offer requires a lease extension. I have telephoned my Prudhoe building society branch on various occasions and was told it does not impact the mortgage offer and they will lend. My Prudhoe conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they will not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
The lawyer has to comply with the Council of Mortgage Lenders’ Handbook Part 2 conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
My offer on a property in Prudhoe has been agreed to, but there is a chain. The owners have offered on a flat, however it’s not been accepted yet, and have viewings of other properties booked. I have chosen a local conveyancing solicitor in Prudhoe. What do I do now? When should I get the mortgage application with Clydesdale going?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of one thousand pounds, then valuation, Prudhoe conveyancing search fees, etc). First, you must ensure that your conveyancer is on the Clydesdale approved list. Concerning the subsequent steps this very much depends on the specifics of your case, attraction to the property and on the state of the market. In a rising market many home buyers would apply for the mortgage with Clydesdale and pay for the valuation and only if it comes back ok would they request their property lawyer to press on with searches.
How do I search for a Prudhoe law firm on the Leeds Building Society conveyancing panel? I drive a motor bike and am prepared to travel upto 25miles to meet the solicitor.
You can use the search on this page. Please choose the lender and your location and you will see a number of Prudhoe conveyancing lawyers located nearest you. We have detailed some Prudhoe conveyancing firms at the bottom of this page and you can telephone them to verify whether they are on the Leeds Building Society member panel
As co-executor for the estate of my father I am disposing of a house in Newport but reside in Prudhoe. My lawyer (who is 235 miles from mehas requested that I execute a stat dec prior to completion. Could you suggest a conveyancing practitioner in Prudhoe who can witness and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are based in Prudhoe