My husband and I are purchasing an apartment in Saltney. My Conveyancer is not on the lender approved panel. Can I still continue with my Saltney conveyancing solicitor even though they are excluded from the lender panel?
One will need to have a solicitor to complete the legal work required if you take out a mortgage to buy your property. The lawyer will conduct all the necessary due diligence on the property, make sure that you will be registered as proprietor and ensure that all the necessary mortgage paperwork is dealt with. You can appoint a Saltney property lawyer of your choosing. However, if the solicitor appointed is not a member of the bank approved list further charges will arise as separate legal representation will be required by them. Conveyancing panel applications can be submitted, so provided your solicitor has not previously sought membership they should do so.
I have given 8 weeks notice to my existing landlord and have to be out of my rented flat in Saltney by the end of next month. Conveyancing for my house purchase has just started. Can I complete in three weeks as I wish to avoid having to move into temporary accommodation?
The normal practice is not to give notice for your lease until you have exchanged. Assuming that you have not already done so, update to your solicitor and urge them to they cajole the owners lawyers, try to get a realistic time scale from them that everyone will aim to achieve
I am buying a new build house in Saltney with a loan from Godiva Mortgages Ltd. The builders would not move on the price so I negotiated five thousand pounds worth of extras instead. The house builders rep suggested that I not inform my conveyancer about this extras as it could adversely 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.
Taking into account that I am about to part with £400,000 on a two bedroom apartment in Saltney I would like to talk to a conveyancer regarding theconveyancing ahead of appointing the firm. Can this be arranged?
This is something that we recommend - we would be delighted to talk to you we do not take any clients on without you speaking to the solicitor who will be carrying out your conveyancing in Saltney.There is no ‘factory style conveyancing’ - each client is unique person, not a matter reference. The law firms that we put you in touch with believe that the fees you are quoted for residential conveyancing in Saltney should be the figure that you are charged.
The mortgage broker has recommended their conveyancer for my conveyancing in Saltney - Surely it’s easier to just use them?
This is not necessarily the case and you are entitled to opt for whichever lawyer of your choosing for your Saltney conveyancing. The conveyancer suggested by an estate agent may not necessarily be the best property lawyer, they may suggest their preferred conveyancing firm who are based remotely. In this instance you may not have contact with your conveyancer and due to the lack of continuity in the transaction, it may be difficult to obtain updates.