I have just been advised by my financial adviser that my Writtle property lawyer is not on the bank Solicitor panel. What can I do to be sure if this is correct?
The best course of action for you to take is to call your Writtle conveyancer. It is reasonable to expect your lawyer to advise you what has happened. Where they are not on the panel they may be able to suggest a Writtle conveyancing practice that is on the conveyancing panel for your bank.
We note that you have a search directory listing solicitors on the Lloyds conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Writtle?
We are a listing service only for law firms wishing to communicate if they are on the Lloyds conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Writtle.
What can a local search inform me about the house my wife and I buying in Writtle?
Writtle conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search organisations such as Searches UK The local search plays an important part in many a Writtle conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your new home. The search will provide data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
My wife and I have a renovated Victorian property in Writtle. Conveyancing solicitor represented me and Santander. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold with the matching address. Is it worth asking Santander to clarify?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Writtle and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing lawyer who conducted the conveyancing.
I'm buying my first flat in Writtle with a loan from Virgin Money. The sellers refused to move on the amount so I negotiated £7000 of extras instead. The property agent suggested that I not reveal to my conveyancer about this deal as it may adversely affect my mortgage with the bank. Do I keep my lawyer in the dark?.
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.