Are the Cross Keys conveyancing solicitors identified as being on the Bank of Ireland conveyancing panel, together with their details provided by Bank of Ireland?
Cross Keys conveyancing firms themselves provide us confirmation that they are on the Bank of Ireland conveyancing panel as opposed to being supplied with a list from Bank of Ireland directly.
we are a couple who are hoping to buy a purpose built apartment in Cross Keys with a homeloan from Chelsea Building Society.We use our Cross Keys conveyancing solicitor but Chelsea Building Society informed us her practice is not listed on their approved list of firms. It seems we have little choice but to instruct a Chelsea Building Society panel firm or retain our high street solicitor and pay for one of their panel ones to act for them. We feel as though this is unjust; Can we not simply insist that Chelsea Building Society use our lawyer?
Unfortunately,no. The loan offered to you contains various provisions, one of which will be that solicitors needs to be on the Chelsea Building Society approved list. Until recently, most mortgage companies had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Chelsea Building Society
I am assisting my step-mother sell her property in Cross Keys. Does the conveyancer arrange an EPC or it is for the owner to see to?
Following the demise of Home Packs, energy assessments remained a compulsory element of selling a house. An energy performance certificate needs to be to hand prior to the property being placed on the market. It is not a task that law firms ordinarily arrange. If you are instructing a Cross Keys conveyancing lawyer they may be able to arrange energy performance certificates due to their contacts with long established Cross Keys providers
We have agreed to purchase a house in Cross Keys. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender HSBC be concerned?
Given that you are obtaining a mortgage with HSBC your lawyer must check the formal instructions contained in Section two of UK Finance Lenders’ Handbook for HSBC. The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and solicitors are required to report to HSBC where a lease does not meet these requirements. The requirements relate to the installation of panels on properties countrywide and is not restricted to Cross Keys.
I am selling my flat. I had a double glazing fitted in June 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Nottingham are being pedantic. The Cross Keys solicitor who is on the Nottingham conveyancing panel is saying indemnity insurance will be fine but Nottingham are insisting on a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham 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.
I have recentlydiscovered that Stirling Law have been shut down. They conducted my conveyancing in Cross Keys for a purchase of a leasehold flat 9 months ago. How can I check that my home is in my name in the name of the previous owner?
The quickest method to see if the property is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Cross Keys conveyancing specialists.
How does conveyancing in Cross Keys differ for new build properties?
Most buyers of new build property in Cross Keys contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the property is built. This is because house builders in Cross Keys usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Cross Keys or who has acted in the same development.