Unfortunately I am unable to travel far from Didcot. Please spell out why all Didcot conveyancers are not on all lender panels?
As unjust as it may seem for mortgage companies to restrict who can act for them, from the public’s or solicitor’s perspective, the the contrary view is that lenders are becoming ever more anxious and consider it imperative to protect them from illegal activities. As a consequence of this concern mortgage companies have restricted their conveyancing panel to a manageable size.
My property lawyer in Didcot is not on the Clydesdale Solicitor Panel. Is it possible for me to retain my family solicitor notwithstanding that they are not on the Clydesdale panel?
Your options are as follows:
- Complete the purchase with your preferred Didcot solicitors but Clydesdale will need to use a conveyancer on their panel. This will result in additional overall legal fees as well as cause frustration.
- Find a new practitioner to act in the conveyancing, obviously checking they are on the Clydesdale panel
My wife and I are planning on selling our house in Didcot and the buyers lawyers are claiming that there is a risk of it being constructed on contaminated land. A local lawyer would know that there is no such problem. For the life of me I don't know why the buyers instructed a national conveyancing outfit rather than a conveyancing solicitor in Didcot. Having lived in Didcot for three years we know of no issue. Should we contact our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing firm already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
Despite weeks of looking the Title Certificate and documents to my house can not be found. The solicitors who did the conveyancing in Didcot 10 years ago no longer exist. What are my options?
Assuming the title is registered the details of your ownership will be held by the Land Registry under a Title Number. It is possible to execute a search at the Land Registry, identify your property and order current copies of the Registered Entries for less than a fiver. If the title is Leasehold then the Land Registry will also normally retain a certified copy of the Registered Lease and again, a copy can be retrieved for a small fee.
I am purchasing my first flat in Didcot benefiting from help to buy. The sellers refused to budge the price so I negotiated 6k of additionals instead. The house builders rep told me not reveal to my solicitor about the extras as it may adversely affect my loan with Nationwide Building Society. 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.