Me and my husband are purchasing a ground floor flat in Sunninghill. My property lawyer has never been on on the lender approved panel. Is it possible for me to appoint my Sunninghill conveyancing solicitor even though they are not on the lender panel?
One must appoint a conveyancer to deal with the formalities if you need a mortgage to buy your home. They will carry out all the relevant due diligence on the property, make sure that you’re registered as proprietor and ensure that all the required mortgage paperwork is in order. One can appoint a Sunninghill property lawyer of your choosing. Nevertheless, where the conveyancer appointed is not a member of the mortgage company solicitor panel further fees will be incurred as separate legal representation will be need by the bank. Conveyancing panel applications may be submitted, so where your solicitor has not previously applied for membership they can do so.
I require conveyancing for a flat in a relatively new development (6 years built) in Sunninghill. Almost all the properties are already disposed of. Is it really necessary to order neighbourhood searches for my conveyancing in Sunninghill?
You are putting yourself at risk in failing carrying out Sunninghill conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal requirement to have them, but we would seriously advise in the strongest possible terms that you have them. If accelerating the process and expenses are top of your issues you should discuss with your conveyancer about the options such as indemnity insurance available to you
We are looking to buy a flat and require a conveyancing solicitor in Sunninghill who is on the Coventry BS solicitor panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Coventry BS . We don't recommend any particular firms conducting conveyancing in Sunninghill.
I have been referred to a conveyancing solicitor in Sunninghill. I need to find out if they are on the Santander approved list of lawyers. Can you advise?
The first thing to do is e-mail the conveyancer and ask them whether they are on the lender panel. Otherwise you can get in touch with Santander who may be able to help.
I am buying a new build house in Sunninghill with a mortgage from Platform Home Loans Ltd. The sellers refused to reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The house builders rep suggested that I not to tell my lawyer about this extras as it could adversely affect my mortgage 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.