I plan on acquiring property in Reading. My Solicitor is not listed on the lender solicitor panel. Can I still retain my Reading conveyancing solicitor notwithstanding that they are not on the lender approved list?
Various options include
- Complete the purchase with your chosen Reading property lawyer but your lender will undoubtedly instruct a property lawyer from their approved panel. This will result in additional fees and likely frustration.
- Get a new lawyer to conduct the conveyancing, ensuring that they are on the bank conveyancing panel.
- Convince your conveyancer to pull out all the stops to join the lender’s conveyancing panel
I have todayfound out that Stirling Law have closed. They conducted my conveyancing in Reading for a purchase of a leasehold apartment 18 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The quickest way to see if the premises is in your name, you can carry out 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 Reading conveyancing specialists.
I am purchasing a new build house in Reading with a mortgage from Platform Home Loans Ltd. The builders refused to budge the amount so I negotiated 6k of extras instead. The house builders rep advised me not to tell my solicitor about this side-deal as it may affect my loan with the bank. 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.
Hoping to buy a property located in Reading and I am already nervous. I couldn't find anything specific about Reading. Conveyancing will be needed in due course but do you know about the Reading area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Reading. In the meantime here are some basic statistics that we found
Are you able to set out the aspects of conveyancing provided by Reading conveyancing solicitors?
In the main Reading conveyancing firms will handle various assistance to home and land owners, vendors, first time buyers, landlords and tenants such as:
Property sale conveyancing in Reading and wider afield
Domestic purchase conveyancing in Reading and beyond
Tenancy and licence agreements Shariah Compliant Islamic Conveyancing Registering an unregistered property Property conveyancing following matrimonial or relationship splits