My mortgage broker has requested my Rainham solicitor’s panel reference for the HSBC conveyancing panel. How do I find this out. I have e-mailed my local Rainham office but they cant find it on their system.
The sensible thing to do is ask for this information from your Rainham solicitor . They maintain a central record lender panel numbers.
I am selling our home in Rainham and according to the buyers it appears that there is a risk of it being constructed on contaminated land. A local conveyancer would know this is not the case. It does beg the question why the purchasers used a factory type conveyancing practice as opposed to a conveyancing solicitor in Rainham. Having lived in Rainham for 5 years we know of no issue. Is it a good idea to get in touch with our local Authority to get clarification need.
It sounds as though you may have a conveyancing solicitor already. Are they able to advise? You should enquire of 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 health insurance to cover that same sickness)
I have justdiscovered that Arc property Solicitors have closed. They conducted my conveyancing in Rainham for a purchase of a freehold house 10 months ago. How can I be sure that my home is in my name in the name of the previous owner?
The quickest way to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Rainham conveyancing specialists.
I am purchasing a new build house in Rainham with a mortgage from Alliance & Leicester . The developers refused to budge the amount so I negotiated £7000 of extras instead. The sale representative advised me not reveal to my conveyancer about this extras as it may impact my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a straight forward, no chain conveyancing. Rainham is where the house is located. Can you shed any light on this issue?
Flying freeholds in Rainham are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Rainham you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rainham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.