Me and my wife are purchasing an apartment in Seaford. My property lawyer is not on the bank approved list. Can I still continue with my Seaford conveyancing solicitor even though they are excluded from the lender panel of approved conveyancing solicitors?
Your options include
- Proceed with your existing Seaford property lawyer but your bank will no doubt appoint a solicitor from their approved panel. The net result is additional fees together with likely frustration.
- Appoint a fresh lawyer to conduct the conveyancing, ensuring that they are on the bank conveyancing panel.
- Appeal to your lawyer to seek to join the bank panel
My wife and I are about to exchange buying a house in Seaford but as a consequence of wreckage from a small fire at the property I have was able negotiate compensation from the vendor of £3k by way of a reduction in the price. I had intended this to be addressed as part of amending the contract however Yorkshire BS will not agree to this. Why were they informed?
Any conveyancing practitioner being on the Yorkshire BS conveyancing panel is required to advise Yorkshire BS of any changes to the sale price. If you were to refuse your lawyer to disclose the price change to Yorkshire BS then they would have to discontinue acting for you. In addition, Yorkshire BS and you would have to appoint a new lawyer for your conveyancing in Seaford.
Despite weeks of looking the Title Certificate and documents to our property can not be found. The conveyancers who handled the conveyancing in Seaford 5 years ago have long since closed. Will I be able to sell the house?
As long as you have a registered title the information relating to your ownership will be held by the Land Registry under a Title Number. It is possible to conduct a search at the Land Registry, locate your house and get current copies of the property title for a small fee. If the title is Leasehold then the Land Registry will also normally retain a file copy of the Registered Lease and again, a copy can be obtained for a small fee.
I'm purchasing a new build house in Seaford benefiting from help to buy. The builders would not budge the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep told me not to tell my lawyer about the side-deal as it could put at risk my loan with the lender. Do I keep my lawyer in the dark?.
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.
Is it simple use your search tool to find a conveyancing lawyer in Seaford on the authorised to act for my lender?
First choose a bank such as Accord Mortgages Ltd, Coventry Building Society or Barclays Direct then specify your location such as Seaford. Conveyancing firms in Seaford and further afield will then be shown.