Do all mortgage companies provide you with an approved list of Southsea conveyancing solicitors? How do you know who is on the HSBC conveyancing panel?

Southsea 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.

Will commercial conveyancing searches disclose planned roadworks that could affect a commercial premises in Southsea?

Its becoming the norm that commercial conveyancing solicitors in Southsea will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers expend in looking into accurate data on highways that impact buildings and development assets in Southsea. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Southsea.

For every commercial conveyancing transaction in Southsea it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can result in delays to Southsea commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Southsea.

I got the keys to my house on 14 October and my personal details are still not registered. Need I be worried? My conveyancing solicitor in Southsea advises it should be recorded inside ten days. Are properties in Southsea uniquely lengthy to register?

There is nothing unique when it comes to conveyancing in Southsea registration formalities. Rather than based on location, timeframes can differ depending on the party submitting the application, whether it is in order and if the Land registry communicate with any third persons or bodies. Currently approximately 80% of submission are fully dealt with within 12 days but occasionally there can be protracted delays. Historically registration takes place once the purchaser is living at the property therefore an expedited registration is not typically an essential issue yet where it is urgent that the the registration takes place urgently then you or your conveyancer must communicate with the Registry to express the reasoning for an expedited registration.

I'm purchasing a new build house in Southsea with a loan from Barclays . The builders refused to reduce the amount so I negotiated five thousand pounds worth of additionals instead. The sale representative suggested that I not to tell my conveyancer about the deal as it may impact my loan with Barclays . 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.

Our lender agreed in principle to grant us a mortgage. We appointed a long established conveyancer in Southsea yesterday. A couple of hours ago, our financial adviser called to say that the bank said that we cannot use our solicitor as they aren't on their panel. As FTB's, we had no idea that the lender had some control over our choice Is this legal?

You are permitted to choose any conveyencer you wish to select including the said conveyancer in Southsea however if your mortgage company aren't happy with them you must pay additional cost so the mortgage company can appoint their own conveyancer too. It may be possible your solicitor may apply to get added to the bank list of approved firms. You can use web-based tools such as lenderpanel.com to find a conveyancing solcitor in Southsea on the bank panel. You can go into your high street lender branch in Southsea. They can recommend conveyancing solicitors in Southsea on the lender panel.