My mortgage broker has requested my St George solicitor’s panel member for the Nationwide conveyancing panel. Can you suggest how I obtain this. I have contacted my local St George branch but they have not responded to me.
You are best placed to get this information from your St George property lawyer . Most St George law practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
We are buying a brand new apartment in St George and my solicitor is informing me that she is duty bound to the lender to disclose incentives from the seller. I am under pressure to sign contracts and I have no desire to prolong deal. Is my lawyer right?
You should not exchange unless you have been advised to do so by your lawyer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Are there restrictive covenants that are commonly picked up during conveyancing in St George?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in St George. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in St George differ for new build properties?
Most buyers of new build residence in St George approach us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because developers in St George usually acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in St George or who has acted in the same development.
What tools are available to search for a St George solicitor on the Britannia conveyancing panel? I have a car and am willing to travel upto 20miles to meet the conveyancer.
Feel free to make use of the facility on this page. Please select a mortgage company and your location and you will see a number of St George conveyancing lawyers locally. We have detailed some St George conveyancing firms towards the end of this page and you can telephone them to see whether they are on the Britannia approved list