My partner and I are intent on purchasing a ground floor flat in Wisbech. My Conveyancer is not listed on the mortgage company solicitor panel. Am I still permitted to appoint my Wisbech conveyancing solicitor even though they are not on the lender panel?

You will need to have a solicitor to complete the legal work required if you take out a mortgage to buy your home. The lawyer will carry out all the necessary due diligence on the property, ensuring that you will be registered as proprietor and ensure that all the required mortgage paperwork is in place. One may instruct a Wisbech conveyancer of your choosing. Nevertheless, if the conveyancer selected is not on the bank approved list further costs will arise as separate legal representation will be need by the lender. Bank panel applications can be submitted, so where your solicitor has not previously applied for membership they can do so.

The owners of the property we are looking to purchase hired a conveyancing practitioner in Wisbech who has recommended a exclusivity contract with a payment two thousand pounds. Is it wise to enter into such agreements?

This form of preliminary agreement is unusual in Wisbech, conveyancers will often sway clients away from them as they divert attention from the main conveyancing focus and if you end up losing your deposit then the solicitor is left exposed. Secondly, there is no certainty that just because the vendor has entered into a lock out contract they will complete the sale with you. They may be inclined to break the contract if they are offered a large enough financial inducement to do so because a wronged claimant with the benefit of a lockoutcontract will still be obliged show losses as a consequence of the breach and this may not compare to the financial upside that your seller may secure by breaking the agreement, no matter how morally condemnable the behaviour is.

We are expecting a mortgage offer soon. The lender mentioned the mortgage came with free conveyancing. Does this mean I have to appoint their panel conveyancer as I would much rather use a high street conveyancing solicitor in Wisbech?

Do check but the the likelihood is that appoint one of their panel solicitors where you want the "fee-free" offer. Contact the bank to ask if they offer you a monetary alternative. Some banks have previously offered a £250 cashback as a further option in which case that money can go towards the cost for your conveyancing solicitor near Wisbech.

I'm purchasing my first flat in Wisbech benefiting from help to buy. The builders refused to reduce the price so I negotiated five thousand pounds worth of extras instead. The house builders rep advised me not disclose to my lawyer about the extras as it will jeopardize my mortgage with Skipton Building Society. Should I keep quiet?.

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.

I am looking into buying my first house which is in Wisbech and I am already nervous. I couldn't find anything specific about Wisbech. Conveyancing will be needed in due course but do you know about the Wisbech area? or perhaps some other tips you can share?

Rather than looking online forget looking online you should go and have a look at Wisbech. In the meantime here are some basic statistics that we found