Are you able to recommend a The Mortgage Works sanctioned Clowne conveyancing practice who can have us moved in within 10 days? Am I best advised to go for a local Clowne practice or a nationwide firm?

We would be happy to suggest some excellent Clowne conveyancing firms. Another option is to visit the main road in Clowne. Visit a couple of law practices and request to speak with a conveyancing solicitor for a costs illustration. Explain your time frames together with the reasons and ask for a commitment on your deadline. Choose the lawyer that you trust.

Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Clowne. My lender is Virgin

Virgin have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 21/12/2024, the requirements read as follows :

2 months have gone by following my purchase conveyancing in Clowne completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?

The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.

I am buying my first flat in Clowne benefiting from help to buy. The builders would not budge the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent suggested that I not reveal to my lawyer about the side-deal as it may impact my loan with the lender. Do I keep my lawyer in the dark?.

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.

Is it necessary during the course of the conveyancing process to visit the offices of the lender conveyancing panel solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Clowne as it will be easier to pop in to their offices if required.

As opposed to ten years ago, most lenders no longer require their conveyancing panel solicitor to witness the borrowers signature. You will still be obliged to provide ID Documents and there are still distinct advantages to using a local solicitor, in your case a conveyancing solicitor in Clowne.