I plan on acquiring a ground floor flat in Kempshott. My lawyer is not on the bank approved panel. Can I still appoint my Kempshott conveyancing solicitor notwithstanding that they are excluded from the mortgage company list of approved lawyers?
Various options include
- Proceed with your existing Kempshott lawyer but your mortgage company will undoubtedly instruct a conveyancer from their conveyancing panel. This will result in additional fees and potential delay.
- Appoint a fresh property lawyer to conduct the conveyancing, ensuring that they are on the mortgage company conveyancing panel.
- Convince your conveyancer to do everything possible to join the bank’s conveyancing panel
I am buying a right to buy a flat in Kempshott. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Kempshott you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Kempshott.
I'm buying a new build house in Kempshott with a mortgage from Skipton Building Society. The developers would not move on the amount so I negotiated five thousand pounds worth of extras instead. The sale representative suggested that I not reveal to my solicitor about the deal as it may put at risk my loan with the bank. Is this normal?.
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.
In my capacity as executor for the will of my aunt I am selling a property in Monmouth but live in Kempshott. My solicitor (based 235 miles awayrequires that I sign a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing lawyer in Kempshott who can attest and place their company stamp on the document?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are Kempshott based
What tools are available to search for a Kempshott conveyancing solicitor on the lender conveyancing panel? I have a car and am prepared to travel up to 20miles to attend the lawyer.
Feel free to make use of the find a conveyancing panel tool on this website. Please choose the lender and your location, in this case Kempshott and you will see a number of lawyer located nearest Kempshott. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the bank solicitor panel.