I am obtaining a mortgage with Nat West. My intention is to use a Licensed Conveyancer in Pinnerwood Park. Does the Nat West Conveyancing panel allow for Licensed Conveyancers?

The Nat West conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.

Why do I have to pay up front for my conveyancing in Pinnerwood Park?

If you are buying a property in Pinnerwood Park your lawyer will ask you put them with funds to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. If any down payment is as part of the purchase price then this should be required immediately before contracts are exchanged. The closing balance that is needed will be payable a couple of days prior to the completion date.

I am considering mortgaging my apartment in Pinnerwood Park, does my lawyer have to be on the Nationwide Solicitor panel?

There is nothing to stop you using your solicitor, but Nationwide will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.

Is there a list of HSBC panel solicitors in Pinnerwood Park on the Council of Mortgage Lender’s Website?

No. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. Very few banks make their panel listings open the public online. If you are looking for a Pinnerwood Park lawyer on the HSBC please make the most of our facility.

We previously appointed conveyancers located in Pinnerwood Park on the Virgin Money solicitor approved list. They are now charging me an additional fee for the legal aspects of the Virgin Money mortgage. Is this an additional conveyancing fee set by Virgin Money?

Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your conveyancer can charge a fee for this. This fee is not set by Virgin Money but by your Pinnerwood Park lawyer. Plenty of firms on the Virgin Money panel will charge an ‘acting for lender’ fee but plenty of practices include it on their overall fee.

We were going to get a AIP from UBS this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do UBS recommend any Pinnerwood Park solicitors on the UBS conveyancing panel, or is it better to find our own lawyer?

You will need to appoint Pinnerwood Park solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.

Just had an offer accepted on a new build flat in Pinnerwood Park. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Pinnerwood Park

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please confirm the Lease plans are architect prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.