My financial adviser has asked me for my Woburn solicitor’s panel member for the Santander conveyancing panel. What is the best way to discover this. I have called my local Woburn office but they have not responded to me.
You are best placed to get this information from your Woburn property lawyer . They should have a central record lender panel numbers.
My lawyer in Woburn is not on the Chelsea Building Society Conveyancing Panel. Is it possible for me to use my prefered solicitor even though they are not on the Chelsea Building Society panel of approved conveyancing solicitors?
The limited options available to you here include:
- Carry on with your preferred Woburn lawyers but Chelsea Building Society will need to use a lawyer on their panel. This will result in additional overall legal fees as well as cause frustration.
- Choose an alternative lawyer to to deal with the conveyancing, not forgetting to check they are Convince your solicitor to use their best endeavours to join the Chelsea Building Society conveyancing panel
Various online forums that I have come across warn that are the main cause of hinderance in Woburn conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) published determinations of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of hindrances during the legal transfer of property. Searches are not likely to feature in any slowing down conveyancing in Woburn.
Are there restrictive covenants that are commonly picked up during conveyancing in Woburn?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Woburn. 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…’
I'm purchasing a new build house in Woburn benefiting from help to buy. The builders refused to move on the price so I negotiated 6k of extras instead. The sale representative advised me not inform my conveyancer about the deal as it may jeopardize my loan with the bank. 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.