We have agreed to purchase a house in Nether Stowey. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Santander be concerned?
Given that you are obtaining a mortgage with Santander your lawyer must comply with the formal requirements set out in Section two of UK Finance Lenders’ Handbook for Santander. The Council of Mortgage Lenders’ Handbook contains minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to Santander where a lease does not meet these requirements. The provisions relate to the installation of panels on properties nationwide and is not limited to Nether Stowey.
I am due to exchange contracts on my flat. I had a double glazing fitted in October 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Virgin Money are being difficult. The Nether Stowey solicitor who is on the Virgin Money conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Virgin Money are requiring a building regulation certificate. Why do Virgin Money have a conveyancing panel if they don't accept advice from them?
It is probably the case that Virgin Money have referred the matter to their valuer. The reason why Virgin Money may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
About to purchase house in Nether Stowey. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Nether Stowey lawyer is on the Nationwide conveyancing panel.
I have been told that property searches are the main reason for hinderance in Nether Stowey conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the findings of research by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances during the legal transfer of property. Searches are not likely to feature in any holding up conveyancing in Nether Stowey.
I am looking into buying my first house which is in Nether Stowey and I am already nervous. I couldn't find anything specific about Nether Stowey. Conveyancing will be needed in due course but do you know about the Nether Stowey area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Nether Stowey. In the meantime here are some basic statistics that we found
I need to instruct a conveyancing solicitor for freehold conveyancing in Nether Stowey. I've land on a site which appears to be the ideal solution If it is possible to get all formalities completed via phone that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
How and when do I incur stamp duty chargeable for my purchase in Nether Stowey?
Most lawyers tend to fill out a stamp duty return on your behalf during your Nether Stowey purchase transaction for you to sign. After completion your lawyer will submit the STL application to the Tax Authorities and - as long as they have the money - discharge any tax bill liability on your behalf.