My financial adviser requires my Sparkhill law firm’s panel reference for the HSBC conveyancing panel. How do I find this out. I have called my local Sparkhill office but they have not responded to me.
The sensible thing to do is ask for this information from your Sparkhill lawyer . They retain a central record lender panel numbers.
How up to date is your search tool for Sparkhill conveyancing solicitors on the Leeds Building Society conveyancing panel? Do Leeds Building Society send you an updated list?
Sparkhill conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
I have been told that property searches are the main cause of hinderance in Sparkhill conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances during the legal transfer of property. Searches are not likely to feature in any holding up conveyancing in Sparkhill.
The deeds to our house can not be found. The lawyers who did the conveyancing in Sparkhill 10 years ago no longer exist. What do I do?
Assuming the title is registered the information relating to your ownership will be documented by HMLR with a Title Number. It is possible to execute a search at the Land Registry, identify your property and get up to date copies of the Registered Entries for less than a fiver. Where the property is Leasehold then the Land Registry will usually hold a file copy of the Registered Lease and again, a copy can be retrieved for a small fee.
I am purchasing a new build house in Sparkhill with a loan from Lloyds TSB Bank. The developers refused to reduce the price so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not to tell my solicitor about this extras as it would impact my loan with the bank. Should I keep quiet?.
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.